Is Rustic Oaks, 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, Rustic Oaks was a Seller's Market.
Key Takeaway
Rustic Oaks 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 Rustic Oaks, FL
How much do homes in Rustic Oaks, FL cost?
Median Sold Price
$387,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Rustic Oaks have sold for 68.3% more than they did a year ago.
Summary: The median home sold price in Rustic Oaks was $387,000 in April 2024, up 68.3% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.5K | $410K | +141.9% |
| 2 Bedrooms | $220.7K | $234K | +6.0% |
| 3 Bedrooms | $335K | $440K | +31.3% |
| 4 Bedrooms | $550K | $583K | +6.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Rustic Oaks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 141.9%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Rustic Oaks | $230K | $387K | +68.3% |
| Highland Lakes | $327.5K | $365K | +11.5% |
| Lake Valencia | $535K | $511.2K | -4.4% |
Housing Supply in Rustic Oaks, FL
How many homes are available in Rustic Oaks, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Rustic Oaks real estate market had 12 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rustic Oaks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rustic Oaks, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Rustic Oaks in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Rustic Oaks, FL
How long does it take to sell a home in Rustic Oaks, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 63 Days | +293.8% |
Summary: Homes in Rustic Oaks had an average of 63 days on market in Apr 2024, up by 293.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rustic Oaks are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Rustic Oaks; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.