Is Minneola, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Minneola has remained a Seller's Market.
Housing Prices in Minneola, FL
How much do homes in Minneola, FL cost?
Median Sold Price
$439,999
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Minneola was $439,999 in March 2024, up 3.5% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $300K | $159.5K | -46.8% |
3 Bedrooms | $394.9K | $395K | 0.0% |
4 Bedrooms | $450K | $469.7K | +4.4% |
5+ Bedrooms | $570K | $602K | +5.6% |
Summary: Minneola housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 46.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
Clermont | $425K | $449.9K | +5.9% |
Minneola | $424.9K | $439.9K | +3.5% |
Groveland-Mascotte | $375K | $380.1K | +1.4% |
Housing Supply in Minneola, FL
How many homes are available in Minneola, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 | 72 | -16.3% |
Summary: The Minneola real estate market had 72 homes for sale in March 2024, a 16.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 29 | 21 | -27.6% |
4 Bedrooms | 38 | 31 | -18.4% |
5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Minneola housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 21 | -12.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Minneola in March 2024, down by 12.5% month-over-month. Of the 21 sold homes, 57% were sold under asking, 38% were sold at asking, and 5% were sold over asking.
Days on Market for Minneola, FL
How long does it take to sell a home in Minneola, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 43 Days | +20.2% |
Summary: Homes in Minneola had an average of 43 days on market in Mar 2024, up by 20.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Minneola; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.