Is Altamonte Springs, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Altamonte Springs is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Altamonte Springs, FL cost?

Median Sold Price

$219,991

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$40,028(+22.2%)

Key Takeaway

Homes in Altamonte Springs have sold for 22.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $105K$135K
+28.6%
2 $147.5K$190K
+28.8%
3 $273.5K$305K
+11.5%
4 $360K$438.5K
+21.8%
5+ $454.7K$435K
-4.3%

Median Sold Price Compared To Nearby Cities

Maitland
+39.1%
Altamonte Springs
+22.2%
Casselberry
+16.7%
Casselberry-Altamonte Springs
+16.5%

How many homes are available in Altamonte Springs, FL?

Number of Homes For Sale

Nov 2022Dec 2022%
187173-7.5%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 3630
-16.7%
2 6357
-9.5%
3 5555
0.0%
4 2825
-10.7%
5+ 56
+20.0%

Number of Homes Sold

Nov 2022Dec 2022%
4358+34.9%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Altamonte Springs, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
15 Days27 Days+78.3%

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Altamonte Springs, FL

Altamonte Springs, FL has 173 homes on the market. In December 2022 in Altamonte Springs, FL there were 7.5% less homes for sale than in November 2022. In December 2022 median list price was $219,991 and the average listing age was 27 days. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 28.6%, prices of 2 bedrooms properties went up by 28.8%, 3 bedrooms properties became 11.5% more expensive, prices of 4 bedrooms properties increased by 21.8%, the cost of 5 bedrooms properties went down by 4.3%. Volume of homes for sale changed: volume of 1 bedroom homes went down by 16.7%, 2 bedrooms homes inventory decreased by 9.5%, 3 bedrooms homes did not move, volume of 4 bedrooms homes went down by 10.7%, number of 5 bedrooms homes increased by 20%. Altamonte Springs, FL housing market in December 2022 saw over 13 listings sold above listed price, more than 15 sold at listed price and over 30 sold below.

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