Is Avon Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avon Park is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Avon Park was a Neutral Market.

Key Takeaway

Avon Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Avon Park, FL

How much do homes in Avon Park, FL cost?

Median Sold Price

$230,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$25,100(+12.2%)

Key Takeaway

Homes in Avon Park have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Avon Park was $230,000 in May 2024, up 12.2% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$105K
N/A
2 $175K$155K
-11.4%
3 $204.9K$239.7K
+17.0%
4 $297.8K$340K
+14.1%
5+ $256K$337.5K
+31.8%

Summary: Avon Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 31.8%.

Housing Supply in Avon Park, FL

How many homes are available in Avon Park, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
62620.0%

Summary: The Avon Park real estate market had 62 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1920
+5.3%
3 3433
-2.9%
4 76
-14.3%
5+ 23
+50.0%

Summary: The Avon Park 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 increased by 5.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avon Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Avon Park in May 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Avon Park, FL

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

Average Sale Time

May 2023May 2024CHANGE
46 Days64 Days+39.9%

Summary: Homes in Avon Park had an average of 64 days on market in May 2024, up by 39.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 8 homes were sold in Avon Park; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

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