Is Oakwood Gardens, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Oakwood Gardens was a Buyer's Market.
Housing Prices in Oakwood Gardens, FL
How much do homes in Oakwood Gardens, FL cost?
Median Sold Price
$339,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oakwood Gardens was $339,000 in April 2024, down 5.3% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | - | N/A |
2 Bedrooms | $295K | $317.5K | +7.6% |
3 Bedrooms | $390K | $372.5K | -4.5% |
4 Bedrooms | $600K | $495K | -17.5% |
5+ Bedrooms | - | $535K | N/A |
Summary: Oakwood Gardens 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 7.6%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Norwood Heights | $322.7K | $355.5K | +10.1% |
Lealman | $290K | $295K | +1.7% |
Magnolia Heights | $427.5K | $423K | -1.1% |
Oakwood Gardens | $358K | $339K | -5.3% |
Harris Park | $352.5K | $325K | -7.8% |
Housing Supply in Oakwood Gardens, FL
How many homes are available in Oakwood Gardens, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 29 | -17.1% |
Summary: The Oakwood Gardens real estate market had 29 homes for sale in April 2024, a 17.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 9 | -40.0% |
3 Bedrooms | 18 | 17 | -5.6% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oakwood Gardens 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 decreased by 40%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Oakwood Gardens in April 2024, up by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for Oakwood Gardens, FL
How long does it take to sell a home in Oakwood Gardens, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 13 Days | -80.4% |
Summary: Homes in Oakwood Gardens had an average of 13 days on market in Apr 2024, down by 80.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Oakwood Gardens; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.