Is Kissimmee, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Kissimmee was a Seller's Market.
Key Takeaway
Kissimmee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kissimmee, FL
How much do homes in Kissimmee, FL cost?
Median Sold Price
$360,736
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Kissimmee has remained the same since last year.
Summary: The median home sold price in Kissimmee was $360,736 in March 2024, up 0.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $180K | +2.9% |
| 2 Bedrooms | $258.5K | $275K | +6.4% |
| 3 Bedrooms | $335K | $340K | +1.5% |
| 4 Bedrooms | $399.8K | $390.6K | -2.3% |
| 5+ Bedrooms | $609.2K | $601.4K | -1.3% |
Summary: Kissimmee housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Southwest Orange | $500.4K | $533.9K | +6.7% |
| Kissimmee | $359.9K | $360.7K | 0.2% |
Housing Supply in Kissimmee, FL
How many homes are available in Kissimmee, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3,291 | 3,400 | +3.3% |
Summary: The Kissimmee real estate market had 3,400 homes for sale in March 2024, a 3.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 75 | 81 | +8.0% |
| 2 Bedrooms | 362 | 377 | +4.1% |
| 3 Bedrooms | 1,213 | 1,258 | +3.7% |
| 4 Bedrooms | 996 | 1,016 | +2.0% |
| 5+ Bedrooms | 645 | 668 | +3.6% |
Summary: The Kissimmee housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 431 | 464 | +7.7% |
Asking Price vs. Sold Price
284 Homes Were Sold
Under Asking
129 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kissimmee, you may be able to get a good deal. 61.2% of homes here sold below asking price last month.
Summary: A total of 464 homes were sold or pending in Kissimmee in March 2024, up by 7.7% month-over-month. Of the 464 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% were sold over asking.
Days on Market for Kissimmee, FL
How long does it take to sell a home in Kissimmee, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 65 Days | +19.2% |
Summary: Homes in Kissimmee had an average of 65 days on market in Mar 2024, up by 19.2% compared to last year.
Breakdown of Home Sale Times
192 Homes Were Sold
Under 30 Days
140 Homes Were Sold
In 30 - 90 Days
132 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kissimmee are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 464 homes were sold in Kissimmee; 41% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
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