Is East Orange, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Orange is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, East Orange has remained a Seller's Market.

Key Takeaway

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

How much do homes in East Orange, FL cost?

Median Sold Price

$495,500

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$100,091(+25.3%)

Key Takeaway

Homes in East Orange have sold for 25.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $1.1M-
N/A
2 $238K$288K
+21.0%
3 $332K$420K
+26.5%
4 $420.1K$560K
+33.3%
5+ $517K$647K
+25.1%

Median Sold Price Compared To Nearby Cities

East Orange
+25.3%
Cocoa-Rockledge
+23.4%
Union Park
+23.0%
Mims
+21.9%
Orlando
+9.3%

How many homes are available in East Orange, FL?

Number of Homes For Sale

Sep 2022Oct 2022%
240239-0.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 1012
+20.0%
3 7982
+3.8%
4 106107
+0.9%
5+ 4538
-15.6%

Number of Homes Sold

Sep 2022Oct 2022%
54540.0%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Orange, you may be able to get a good deal. 63% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
19 Days31 Days+62.6%

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About East Orange, FL

There are 239 homes are for sale in East Orange, FL real estate market. Between September 2022 and October 2022, East Orange, FL real estate market has seen decrease in the number of listings by 0.4%. Listings spent 31 days on the market in October 2022, and had a median list price of $495,500 during the same period. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 21%, prices of 3 bedrooms properties went up by 26.5%, prices of 4 bedrooms properties increased by 33.3%, the cost of 5 bedrooms properties went up by 25.1%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 20%, the quantity of 3 bedrooms homes went up by 3.8%, number of 4 bedrooms homes increased by 0.9%, number of 5 bedrooms homes decreased by 15.6%. East Orange, FL housing market in October 2022 saw over 7 listings sold above listed price, more than 13 sold at listed price and over 34 sold below.

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