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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Alfred is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Lake Alfred has remained a Seller's Market.

Key Takeaway

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

How much do homes in Lake Alfred, FL cost?

Median Sold Price

$299,900

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$49,900(+20.0%)

Key Takeaway

Homes in Lake Alfred have sold for 20% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $138.7K$185K
+33.3%
3 $230K$295K
+28.3%
4 $265K$311K
+17.4%
5+ $396.4K$405.2K
+2.2%

Median Sold Price Compared To Nearby Cities

Winter Haven
+31.3%
Winter Haven-Auburndale
+27.2%
Auburndale
+22.7%
Lake Alfred
+20.0%

How many homes are available in Lake Alfred, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
3439+14.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 21
-50.0%
3 2129
+38.1%
4 87
-12.5%
5+ 32
-33.3%

Number of Homes Sold

Aug 2022Sep 2022%
78+14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Alfred, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
16 Days30 Days+84.1%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lake Alfred 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 Lake Alfred, FL

Lake Alfred, FL has 39 homes on the market. The number of listings in Lake Alfred, FL increased by 14.7% between August 2022 and September 2022. In September 2022, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $299,900. This housing market listing prices have changed between August 2022 and September 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 33.3%, prices of 3 bedrooms properties increased by 28.3%, prices of 4 bedrooms properties went up by 17.4%, 5 bedrooms properties prices increased by 2.2%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 50%, number of 3 bedrooms homes increased by 38.1%, number of 4 bedrooms homes decreased by 12.5%, 5 bedrooms homes became 33.3% less available. Over 2 listings were sold over their listed price in September 2022 in Lake Alfred, FL. In the same period over 4 listings were sold below the listed price and 2 listings were sold for the listed price.

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