Is Ocoee, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ocoee has remained a Seller's Market.
Housing Prices in Ocoee, FL
How much do homes in Ocoee, FL cost?
Median Sold Price
$433,173
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ocoee was $433,173 in April 2024, up 4.4% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $173K | $195K | +12.7% |
2 Bedrooms | $224K | $225K | 0.4% |
3 Bedrooms | $370K | $385K | +4.1% |
4 Bedrooms | $480K | $510K | +6.3% |
5+ Bedrooms | $600K | $600K | 0.0% |
Summary: Ocoee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Winter Garden | $541.7K | $574.9K | +6.1% |
Southwest Orange | $505.5K | $536.4K | +6.1% |
Ocoee | $415K | $433.1K | +4.4% |
Winter Garden-Ocoee | $399.8K | $411.9K | +3.0% |
Apopka | $400K | $403.5K | +0.9% |
Housing Supply in Ocoee, FL
How many homes are available in Ocoee, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
183 | 178 | -2.7% |
Summary: The Ocoee real estate market had 178 homes for sale in April 2024, a 2.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 78 | 71 | -9.0% |
4 Bedrooms | 66 | 63 | -4.5% |
5+ Bedrooms | 23 | 30 | +30.4% |
Summary: The Ocoee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 30.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 49 | +4.3% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Ocoee in April 2024, up by 4.3% month-over-month. Of the 49 sold homes, 63% were sold under asking, 29% were sold at asking, and 8% were sold over asking.
Days on Market for Ocoee, FL
How long does it take to sell a home in Ocoee, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 37 Days | +34.4% |
Summary: Homes in Ocoee had an average of 37 days on market in Apr 2024, up by 34.4% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 49 homes were sold in Ocoee; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.