Is Ortega Bluff, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ortega Bluff is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Ortega Bluff 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 Ortega Bluff, FL

How much do homes in Ortega Bluff, FL cost?

Median Sold Price

$367,750

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,750(+3.9%)

Key Takeaway

Homes in Ortega Bluff have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Ortega Bluff was $367,750 in April 2024, up 3.9% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $312K$336K
+7.7%
4 $355K$389.2K
+9.6%
5+ $432.7K$425K
-1.8%

Summary: Ortega Bluff 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 did not change, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Neighborhoods

Ortega Bluff
+3.9%
Southwest Jacksonville
-1.8%
Ortega Hills
-3.1%
Duclay Forest
-3.6%

Housing Supply in Ortega Bluff, FL

How many homes are available in Ortega Bluff, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
86-25.0%

Summary: The Ortega Bluff real estate market had 6 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 55
0.0%
5+ 00
0.0%

Summary: The Ortega Bluff 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 decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ortega Bluff, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Ortega Bluff in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Ortega Bluff, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days31 Days-31.6%

Summary: Homes in Ortega Bluff had an average of 31 days on market in Apr 2024, down by 31.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ortega Bluff has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Ortega Bluff; 0% of homes were sold within 30 days, 100% 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 4 Days Ago

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