Is Eagle Lake, 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, Eagle Lake was a Seller's Market.
Key Takeaway
Eagle Lake 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 Eagle Lake, FL
How much do homes in Eagle Lake, FL cost?
Median Sold Price
$312,990
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Eagle Lake has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | - | N/A |
| 3 Bedrooms | $282.5K | $297.4K | +5.3% |
| 4 Bedrooms | $315.9K | $315K | -0.3% |
| 5+ Bedrooms | $350.9K | $356.9K | +1.7% |
Summary: Eagle Lake 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 did not change, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Eagle Lake | $313K | $312.9K | 0% |
| Winter Haven-Auburndale | $304.4K | $299.8K | -1.5% |
Housing Supply in Eagle Lake, FL
How many homes are available in Eagle Lake, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 79 | 104 | +31.6% |
Summary: The Eagle Lake real estate market had 104 homes for sale in May 2024, a 31.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 29 | 50 | +72.4% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Eagle Lake 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 remained the same, 3 bedroom homes increased by 72.4%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 16 | +60.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Eagle Lake, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Eagle Lake in May 2024, up by 60.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 38% were sold at asking, and 6% were sold over asking.
Days on Market for Eagle Lake, FL
How long does it take to sell a home in Eagle Lake, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 66 Days | +109.9% |
Summary: Homes in Eagle Lake had an average of 66 days on market in May 2024, up by 109.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eagle Lake has remained consistent over time.
Summary: During May 2024, 16 homes were sold in Eagle Lake; 38% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.