Is South and East Osceola, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South and East Osceola is a buyer's market

Buyer's
Market

Difference Since January 2023

Since last year, South and East Osceola has remained a Buyer's Market.

Key Takeaway

South and East Osceola is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in South and East Osceola, FL

How much do homes in South and East Osceola, FL cost?

Median Sold Price

$403,495

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$16,105(-3.8%)

Key Takeaway

Homes in South and East Osceola have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in South and East Osceola was $403,495 in January 2024, down 3.8% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $185K$194.5K
+5.1%
2 $244K$235.7K
-3.4%
3 $390.4K$359.9K
-7.8%
4 $477.5K$424.4K
-11.1%
5+ $555K$470K
-15.3%

Summary: South and East Osceola housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Cities

West Brevard
+4.4%
East Orange
+1.6%
Cocoa-Rockledge
+0.7%
South and East Osceola
-3.8%

Housing Supply in South and East Osceola, FL

How many homes are available in South and East Osceola, FL?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
108116+7.4%

Summary: The South and East Osceola real estate market had 116 homes for sale in January 2024, a 7.4% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 11
0.0%
2 1311
-15.4%
3 5153
+3.9%
4 3442
+23.5%
5+ 99
0.0%

Summary: The South and East Osceola housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South and East Osceola, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in South and East Osceola in January 2024, down by 38.5% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% 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

Jan 2023Jan 2024CHANGE
30 Days17 Days-42.1%

Summary: Homes in South and East Osceola had an average of 17 days on market in Jan 2024, down by 42.1% compared to last year.

Breakdown of Home Sale Times

7 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

Many homes in South and East Osceola are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 8 homes were sold in South and East Osceola; 88% of homes were sold within 30 days, 13% 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 29 Days Ago

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