Is Mount Dora, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Dora is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mount Dora was a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Dora, FL

How much do homes in Mount Dora, FL cost?

Median Sold Price

$400,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$611(+0.2%)

Key Takeaway

The sold price of homes in Mount Dora has remained the same since last year.

Summary: The median home sold price in Mount Dora was $400,000 in October 2024, up 0.2% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $257K$82K
-68.1%
2 $299K$290K
-3.0%
3 $374.6K$376.3K
0.4%
4 $470K$455.2K
-3.1%
5+ $563.3K$570K
+1.2%

Summary: Mount Dora housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.1%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Cities

Eustis
+0.6%
Mount Dora
0.2%

Housing Supply in Mount Dora, FL

How many homes are available in Mount Dora, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
303284-6.3%

Summary: The Mount Dora real estate market had 284 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 3739
+5.4%
3 135127
-5.9%
4 10091
-9.0%
5+ 2925
-13.8%

Summary: The Mount Dora housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 13.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5636-35.7%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Dora, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Mount Dora in October 2024, down by 35.7% month-over-month. Of the 36 sold homes, 67% were sold under asking, 28% were sold at asking, and 6% were sold over asking.

Days on Market for Mount Dora, FL

How long does it take to sell a home in Mount Dora, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days99 Days+164.8%

Summary: Homes in Mount Dora had an average of 99 days on market in Oct 2024, up by 164.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mount Dora are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 36 homes were sold in Mount Dora; 47% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 28% 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 11 Days Ago

Newest Listings in Mount Dora, FL

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