Is Oakwater, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakwater is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Oakwater is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Oakwater, FL

How much do homes in Oakwater, FL cost?

Median Sold Price

$300,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+1.7%)

Key Takeaway

Homes in Oakwater have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Oakwater was $300,000 in April 2024, up 1.7% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $254.9K$266K
+4.3%
3 $305K$306.2K
0.4%
4 --
N/A
5+ --
N/A

Summary: Oakwater 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 increased by 4.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oakwater, FL

How many homes are available in Oakwater, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
67+16.7%

Summary: The Oakwater real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Oakwater 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 increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Oakwater, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Oakwater in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Oakwater, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days6 Days-82.9%

Summary: Homes in Oakwater had an average of 6 days on market in Apr 2024, down by 82.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Oakwater are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Oakwater; 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 2 Days Ago

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