Is Eagle Lake, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle Lake is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Eagle Lake has remained a Buyer's Market.

Key Takeaway

Eagle Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Eagle Lake, FL

How much do homes in Eagle Lake, FL cost?

Median Sold Price

$312,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$10,000(+3.3%)

Key Takeaway

Homes in Eagle Lake have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Eagle Lake was $312,000 in February 2024, up 3.3% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $179.3K-
N/A
2 $180K$310K
+72.2%
3 $279K$291.5K
+4.5%
4 $305K$316.2K
+3.7%
5+ $354.9K$356.9K
+0.6%

Summary: Eagle Lake housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 72.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Cities

Eagle Lake
+3.3%
Winter Haven-Auburndale
+0.6%

Housing Supply in Eagle Lake, FL

How many homes are available in Eagle Lake, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2631+19.2%

Summary: The Eagle Lake real estate market had 31 homes for sale in February 2024, a 19.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1010
0.0%
4 1114
+27.3%
5+ 46
+50.0%

Summary: The Eagle Lake housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eagle Lake, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Eagle Lake in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Feb 2023Feb 2024CHANGE
12 Days34 Days+188.9%

Summary: Homes in Eagle Lake had an average of 34 days on market in Feb 2024, up by 188.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 3 homes were sold in Eagle Lake; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Eagle Lake, FL

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