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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Helen is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Lake Helen, FL

How much do homes in Lake Helen, FL cost?

Median Sold Price

$404,500

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$44,500(+12.4%)

Key Takeaway

Homes in Lake Helen have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Lake Helen was $404,500 in September 2024, up 12.4% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $225K$275K
+22.2%
3 $360K$330K
-8.3%
4 $502.5K$562.5K
+11.9%
5+ $535K$699.5K
+30.7%

Summary: Lake Helen housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 30.7%.

Housing Supply in Lake Helen, FL

How many homes are available in Lake Helen, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2120-4.8%

Summary: The Lake Helen real estate market had 20 homes for sale in September 2024, a 4.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1212
0.0%
4 64
-33.3%
5+ 12
+100.0%

Summary: The Lake Helen housing inventory by bedroom type for September 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 decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Helen, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lake Helen in September 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lake Helen, FL

How long does it take to sell a home in Lake Helen, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
1 Days96 Days+6333.3%

Summary: Homes in Lake Helen had an average of 96 days on market in Sep 2024, up by 6333.3% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Lake Helen has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Lake Helen; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Sep 1, 2024

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