Is Oak Hill, 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, Oak Hill has remained a Seller's Market.
Housing Prices in Oak Hill, FL
How much do homes in Oak Hill, FL cost?
Median Sold Price
$319,995
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Oak Hill was $319,995 in March 2024, up 7.7% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $725K | - | N/A |
2 Bedrooms | $290K | $265K | -8.6% |
3 Bedrooms | $280K | $296.9K | +6.1% |
4 Bedrooms | $384.4K | $363.1K | -5.5% |
5+ Bedrooms | $700K | $790K | +12.9% |
Summary: Oak Hill 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 8.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
Oak Hill | $297K | $319.9K | +7.7% |
Edgewater | $315.3K | $315K | -0.1% |
Housing Supply in Oak Hill, FL
How many homes are available in Oak Hill, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 19 | +35.7% |
Summary: The Oak Hill real estate market had 19 homes for sale in March 2024, a 35.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Oak Hill 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 66.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Oak Hill in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Oak Hill, FL
How long does it take to sell a home in Oak Hill, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 119 Days | +243.8% |
Summary: Homes in Oak Hill had an average of 119 days on market in Mar 2024, up by 243.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Oak Hill; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.