Is Maitland, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maitland is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Maitland has remained a Seller's Market.

Key Takeaway

Maitland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Maitland, FL

How much do homes in Maitland, FL cost?

Median Sold Price

$460,000

$265/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since May 2023.

Key Takeaway

The sold price of homes in Maitland has remained the same since last year.

Summary: The median home sold price in Maitland was $460,000 in May 2024, the same as last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $160K$143K
-10.6%
2 $259.9K$263K
+1.2%
3 $408K$400K
-2.0%
4 $667.5K$663.5K
-0.6%
5+ $920K$920K
0.0%

Summary: Maitland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.6%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Altamonte Springs
+15.2%
Casselberry-Altamonte Springs
+3.7%
Maitland
0.0%
Winter Park
-1.1%

Housing Supply in Maitland, FL

How many homes are available in Maitland, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
130143+10.0%

Summary: The Maitland real estate market had 143 homes for sale in May 2024, a 10.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 87
-12.5%
2 2423
-4.2%
3 4958
+18.4%
4 4042
+5.0%
5+ 913
+44.4%

Summary: The Maitland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 44.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2535+40.0%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maitland, you may be able to get a good deal. 74.3% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Maitland in May 2024, up by 40.0% month-over-month. Of the 35 sold homes, 74% were sold under asking, 14% were sold at asking, and 11% were sold over asking.

Days on Market for Maitland, FL

How long does it take to sell a home in Maitland, FL?

Average Sale Time

May 2023May 2024CHANGE
32 Days43 Days+33.4%

Summary: Homes in Maitland had an average of 43 days on market in May 2024, up by 33.4% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Maitland are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 35 homes were sold in Maitland; 66% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Maitland, FL

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