Is Apopka, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Apopka is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Apopka, FL

How much do homes in Apopka, FL cost?

Median Sold Price

$404,602

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,664(+1.2%)

Key Takeaway

Homes in Apopka have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Apopka was $404,602 in March 2024, up 1.2% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$79K
N/A
2 $239.5K$234.9K
-1.9%
3 $345.3K$365K
+5.7%
4 $472.5K$475.1K
+0.6%
5+ $600K$595K
-0.8%

Summary: Apopka housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

Casselberry-Altamonte Springs
+4.5%
Apopka
+1.2%

Housing Supply in Apopka, FL

How many homes are available in Apopka, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
524497-5.2%

Summary: The Apopka real estate market had 497 homes for sale in March 2024, a 5.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 79
+28.6%
2 3837
-2.6%
3 240234
-2.5%
4 189168
-11.1%
5+ 5049
-2.0%

Summary: The Apopka housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
117103-12.0%

Asking Price vs. Sold Price

57 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Apopka, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.

Summary: A total of 103 homes were sold or pending in Apopka in March 2024, down by 12.0% month-over-month. Of the 103 sold homes, 55% were sold under asking, 28% were sold at asking, and 17% were sold over asking.

Days on Market for Apopka, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
54 Days46 Days-14.4%

Summary: Homes in Apopka had an average of 46 days on market in Mar 2024, down by 14.4% compared to last year.

Breakdown of Home Sale Times

50 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 103 homes were sold in Apopka; 49% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Apopka, FL

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