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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oldsmar is a neutral's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Oldsmar 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 Oldsmar, FL

How much do homes in Oldsmar, FL cost?

Median Sold Price

$399,920

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$20,020(+5.3%)

Key Takeaway

Homes in Oldsmar have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Oldsmar was $399,920 in September 2024, up 5.3% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $174K$175K
+0.6%
2 $248K$251K
+1.2%
3 $432.5K$439.6K
+1.7%
4 $625K$747.5K
+19.6%
5+ $954.5K$1.1M
+22.1%

Summary: Oldsmar housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 22.1%.

Median Sold Price Compared To Nearby Cities

Safety Harbor
+18.5%
Palm Harbor
+5.4%
Oldsmar
+5.3%
Keystone-Citrus Park
+4.2%

Housing Supply in Oldsmar, FL

How many homes are available in Oldsmar, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
153144-5.9%

Summary: The Oldsmar real estate market had 144 homes for sale in September 2024, a 5.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 5147
-7.8%
3 6360
-4.8%
4 2824
-14.3%
5+ 1011
+10.0%

Summary: The Oldsmar housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2922-24.1%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oldsmar, you may be able to get a good deal. 77.3% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Oldsmar in September 2024, down by 24.1% month-over-month. Of the 22 sold homes, 77% were sold under asking, 23% were sold at asking, and 0% were sold over asking.

Days on Market for Oldsmar, FL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
31 Days59 Days+92.5%

Summary: Homes in Oldsmar had an average of 59 days on market in Sep 2024, up by 92.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 22 homes were sold in Oldsmar; 41% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 41% 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 9 Days Ago

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