Is Central Oak Park, 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, Central Oak Park has remained a Seller's Market.
Housing Prices in Central Oak Park, FL
How much do homes in Central Oak Park, FL cost?
Median Sold Price
$360,000
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Central Oak Park was $360,000 in April 2024, down 4% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $144K | $152K | +5.6% |
2 Bedrooms | $345K | $329K | -4.6% |
3 Bedrooms | $410K | $440K | +7.3% |
4 Bedrooms | $577.5K | $385K | -33.3% |
5+ Bedrooms | $552.5K | $567.5K | +2.7% |
Summary: Central Oak Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Neighborhoods
Palmetto Park | $355K | $423K | +19.2% |
Historic Kenwood | $549.5K | $595.5K | +8.4% |
Disston Heights | $360K | $385K | +6.9% |
North Kenwood | $416K | $432K | +3.8% |
Central Oak Park | $375K | $360K | -4.0% |
Housing Supply in Central Oak Park, FL
How many homes are available in Central Oak Park, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 69 | +1.5% |
Summary: The Central Oak Park real estate market had 69 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 2 | -60.0% |
2 Bedrooms | 22 | 22 | 0.0% |
3 Bedrooms | 34 | 34 | 0.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Central Oak Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 21 | +50.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Central Oak Park in April 2024, up by 50.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 29% were sold at asking, and 10% were sold over asking.
Days on Market for Central Oak Park, FL
How long does it take to sell a home in Central Oak Park, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 44 Days | +178.9% |
Summary: Homes in Central Oak Park had an average of 44 days on market in Apr 2024, up by 178.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Central Oak Park; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.