Is Fern Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fern Park was a Seller's Market.
Housing Prices in Fern Park, FL
How much do homes in Fern Park, FL cost?
Median Sold Price
$345,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fern Park was $345,000 in April 2024, up 0.8% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $159K | $147K | -7.5% |
2 Bedrooms | $200K | $276K | +38.0% |
3 Bedrooms | $340K | $338K | -0.6% |
4 Bedrooms | $470K | $472K | 0.4% |
5+ Bedrooms | $1.7M | $1.4M | -18.6% |
Summary: Fern Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 38%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 18.6%.
Housing Supply in Fern Park, FL
How many homes are available in Fern Park, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 48 | +9.1% |
Summary: The Fern Park real estate market had 48 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 6 | 10 | +66.7% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 15 | 14 | -6.7% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Fern Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Fern Park in April 2024, down by 38.5% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Fern Park, FL
How long does it take to sell a home in Fern Park, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 28 Days | +8.8% |
Summary: Homes in Fern Park had an average of 28 days on market in Apr 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Fern Park; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.