Is Apopka, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $79K | N/A |
| 2 Bedrooms | $239.5K | $234.9K | -1.9% |
| 3 Bedrooms | $345.3K | $365K | +5.7% |
| 4 Bedrooms | $472.5K | $475.1K | +0.6% |
| 5+ Bedrooms | $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 | $351.8K | $367.5K | +4.5% |
| Apopka | $399.9K | $404.6K | +1.2% |
Housing Supply in Apopka, FL
How many homes are available in Apopka, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 524 | 497 | -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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 38 | 37 | -2.6% |
| 3 Bedrooms | 240 | 234 | -2.5% |
| 4 Bedrooms | 189 | 168 | -11.1% |
| 5+ Bedrooms | 50 | 49 | -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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 117 | 103 | -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
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 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 46 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
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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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