Is Orange Lake Village, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Orange Lake Village has remained a Seller's Market.
Housing Prices in Orange Lake Village, FL
How much do homes in Orange Lake Village, FL cost?
Median Sold Price
$293,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Orange Lake Village was $293,000 in April 2024, up 1.7% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | - | N/A |
2 Bedrooms | $275K | $270K | -1.8% |
3 Bedrooms | $314K | $328K | +4.5% |
4 Bedrooms | $399.9K | $388K | -3.0% |
5+ Bedrooms | - | - | N/A |
Summary: Orange Lake Village 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 1.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Orange Lake Village | $288K | $293K | +1.7% |
Deerwood Gardens | $226.7K | $227.5K | 0.3% |
Golden Grove Estates | $352K | $337.5K | -4.1% |
Housing Supply in Orange Lake Village, FL
How many homes are available in Orange Lake Village, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 48 | +6.7% |
Summary: The Orange Lake Village real estate market had 48 homes for sale in April 2024, a 6.7% increase 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 | 21 | 20 | -4.8% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Orange Lake Village 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 4.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Orange Lake Village in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Orange Lake Village, FL
How long does it take to sell a home in Orange Lake Village, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 29 Days | +168.6% |
Summary: Homes in Orange Lake Village had an average of 29 days on market in Apr 2024, up by 168.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Orange Lake Village; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.