Is Ocoee, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Ocoee has remained a Seller's Market.
Key Takeaway
Ocoee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ocoee, FL
How much do homes in Ocoee, FL cost?
Median Sold Price
$420,750
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Ocoee have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Ocoee was $420,750 in November 2023, up 4.7% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.7K | $195K | +19.8% |
| 2 Bedrooms | $220K | $225K | +2.3% |
| 3 Bedrooms | $353K | $380K | +7.6% |
| 4 Bedrooms | $461.5K | $500K | +8.3% |
| 5+ Bedrooms | $590K | $595K | +0.8% |
Summary: Ocoee housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 19.8%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Winter Garden-Ocoee | $379.6K | $410K | +8.0% |
| Winter Garden | $523.8K | $565.3K | +7.9% |
| Southwest Orange | $487.3K | $523.5K | +7.4% |
| Ocoee | $402K | $420.7K | +4.7% |
| Apopka | $395.1K | $401.9K | +1.7% |
Housing Supply in Ocoee, FL
How many homes are available in Ocoee, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 170 | 166 | -2.4% |
Summary: The Ocoee real estate market had 166 homes for sale in November 2023, a 2.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 73 | 64 | -12.3% |
| 4 Bedrooms | 61 | 68 | +11.5% |
| 5+ Bedrooms | 28 | 26 | -7.1% |
Summary: The Ocoee housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 38 | 35 | -7.9% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocoee, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Ocoee in November 2023, down by 7.9% month-over-month. Of the 35 sold homes, 71% were sold under asking, 20% were sold at asking, and 9% were sold over asking.
Days on Market for Ocoee, FL
How long does it take to sell a home in Ocoee, FL?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 31 Days | 27 Days | -14.0% |
Summary: Homes in Ocoee had an average of 27 days on market in Nov 2023, down by 14% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ocoee are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 35 homes were sold in Ocoee; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.