Is South and East Osceola, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, South and East Osceola was a Seller's Market.
Key Takeaway
South and East Osceola 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 South and East Osceola, FL
How much do homes in South and East Osceola, FL cost?
Median Sold Price
$396,331
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in South and East Osceola have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in South and East Osceola was $396,331 in March 2024, down 5.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $332.9K | $170K | -48.9% |
| 2 Bedrooms | $243K | $238.7K | -1.7% |
| 3 Bedrooms | $380K | $355K | -6.6% |
| 4 Bedrooms | $450K | $426.6K | -5.2% |
| 5+ Bedrooms | $512K | $492.5K | -3.8% |
Summary: South and East Osceola housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.9%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
| West Brevard | $522.5K | $571.8K | +9.4% |
| East Orange | $520.5K | $529.5K | +1.7% |
| Cocoa-Rockledge | $347.8K | $349.9K | +0.6% |
| South and East Osceola | $419.9K | $396.3K | -5.6% |
Housing Supply in South and East Osceola, FL
How many homes are available in South and East Osceola, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 124 | 130 | +4.8% |
Summary: The South and East Osceola real estate market had 130 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 54 | 55 | +1.9% |
| 4 Bedrooms | 44 | 51 | +15.9% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The South and East Osceola housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South and East Osceola, you may be able to get a good deal. 78.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in South and East Osceola in March 2024, the same as the previous month. Of the 19 sold homes, 79% were sold under asking, 5% were sold at asking, and 16% were sold over asking.
Days on Market for South and East Osceola, FL
How long does it take to sell a home in South and East Osceola, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 78 Days | +69.7% |
Summary: Homes in South and East Osceola had an average of 78 days on market in Mar 2024, up by 69.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in South and East Osceola are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 19 homes were sold in South and East Osceola; 32% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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