Is Avon Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avon Park is a seller's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Avon Park was a Neutral Market.

Key Takeaway

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

Housing Prices in Avon Park, FL

How much do homes in Avon Park, FL cost?

Median Sold Price

$212,950

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$5,050(-2.3%)

Key Takeaway

Homes in Avon Park have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Avon Park was $212,950 in August 2024, down 2.3% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$105K
N/A
2 $155K$170K
+9.7%
3 $226K$228.9K
+1.3%
4 $319.9K$296.4K
-7.3%
5+ $256K$337.5K
+31.8%

Summary: Avon Park housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 31.8%.

Housing Supply in Avon Park, FL

How many homes are available in Avon Park, FL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
6061+1.7%

Summary: The Avon Park real estate market had 61 homes for sale in August 2024, a 1.7% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 01
+100.0%
2 1414
0.0%
3 3736
-2.7%
4 56
+20.0%
5+ 44
0.0%

Summary: The Avon Park housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avon Park, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Avon Park in August 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for Avon Park, FL

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

Average Sale Time

Aug 2023Aug 2024CHANGE
124 Days44 Days-64.4%

Summary: Homes in Avon Park had an average of 44 days on market in Aug 2024, down by 64.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 11 homes were sold in Avon Park; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% 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 19 Days Ago

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