Is Ocklawaha, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ocklawaha was a Seller's Market.
Key Takeaway
Ocklawaha is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ocklawaha, FL
How much do homes in Ocklawaha, FL cost?
Median Sold Price
$239,900
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Ocklawaha has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96.9K | $110K | +13.5% |
| 2 Bedrooms | $148.5K | $135K | -9.1% |
| 3 Bedrooms | $250K | $245K | -2.0% |
| 4 Bedrooms | $264.9K | $275K | +3.8% |
| 5+ Bedrooms | $720K | $400K | -44.4% |
Summary: Ocklawaha housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 44.4%.
Median Sold Price Compared To Nearby Cities
| Ocklawaha | $240K | $239.9K | 0% |
| Umatilla | $290.5K | $290K | -0.2% |
| Summerfield | $285K | $273.5K | -4.0% |
| Silver Springs | $220K | $169K | -23.2% |
| Weirsdale | $445K | $340K | -23.6% |
Housing Supply in Ocklawaha, FL
How many homes are available in Ocklawaha, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 124 | 116 | -6.5% |
Summary: The Ocklawaha real estate market had 116 homes for sale in May 2024, a 6.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 88 | 82 | -6.8% |
| 4 Bedrooms | 21 | 23 | +9.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Ocklawaha housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 17 | -37.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocklawaha, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Ocklawaha in May 2024, down by 37.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 41% were sold at asking, and 12% were sold over asking.
Days on Market for Ocklawaha, FL
How long does it take to sell a home in Ocklawaha, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 83 Days | 79 Days | -5.2% |
Summary: Homes in Ocklawaha had an average of 79 days on market in May 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ocklawaha are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Ocklawaha; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.