Is Oakford Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakford Park is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Oakford Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Oakford Park, FL

How much do homes in Oakford Park, FL cost?

Median Sold Price

$595,000

$344/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,000(+10.6%)

Key Takeaway

Homes in Oakford Park have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Oakford Park was $595,000 in April 2024, up 10.6% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $428.5K$397.5K
-7.2%
3 $447.5K$500K
+11.7%
4 $979K$1.0M
+8.8%
5+ $917.4K$1.2M
+36.2%

Summary: Oakford Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 36.2%.

Median Sold Price Compared To Nearby Neighborhoods

Oakford Park
+10.6%
West Tampa
+3.0%
Armory Gardens
-5.1%

Housing Supply in Oakford Park, FL

How many homes are available in Oakford Park, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Oakford Park real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Oakford Park housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 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 Oakford Park, 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 Oakford Park in April 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 Oakford Park, FL

How long does it take to sell a home in Oakford Park, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
37 Days18 Days-52.4%

Summary: Homes in Oakford Park had an average of 18 days on market in Apr 2024, down by 52.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Oakford Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Oakford Park, FL

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