Is Eagle Lake, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Eagle Lake was a Neutral Market.
Key Takeaway
Eagle Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eagle Lake, FL
How much do homes in Eagle Lake, FL cost?
Median Sold Price
$315,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Eagle Lake have sold for 1% more than they did a year ago.
Summary: The median home sold price in Eagle Lake was $315,000 in June 2024, up 1% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $221.9K | +0.9% |
| 3 Bedrooms | $293.5K | $296.4K | +1.0% |
| 4 Bedrooms | $316.4K | $318K | 0.5% |
| 5+ Bedrooms | $359.9K | $354.2K | -1.6% |
Summary: Eagle Lake housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Cities
| Eagle Lake | $312K | $315K | +1.0% |
| Winter Haven-Auburndale | $304.5K | $299.9K | -1.5% |
Housing Supply in Eagle Lake, FL
How many homes are available in Eagle Lake, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 112 | 104 | -7.1% |
Summary: The Eagle Lake real estate market had 104 homes for sale in June 2024, a 7.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 56 | 47 | -16.1% |
| 4 Bedrooms | 37 | 40 | +8.1% |
| 5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The Eagle Lake housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eagle Lake, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Eagle Lake in June 2024, the same as the previous month. Of the 22 sold homes, 32% were sold under asking, 50% were sold at asking, and 18% were sold over asking.
Days on Market for Eagle Lake, FL
How long does it take to sell a home in Eagle Lake, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 12 Days | 37 Days | +208.5% |
Summary: Homes in Eagle Lake had an average of 37 days on market in Jun 2024, up by 208.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eagle Lake are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 22 homes were sold in Eagle Lake; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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