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 June 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
$386,250
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in South and East Osceola have sold for 6.9% less than they did a year ago.
Summary: The median home sold price in South and East Osceola was $386,250 in June 2024, down 6.9% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219K | $125K | -42.9% |
| 2 Bedrooms | $235K | $290K | +23.4% |
| 3 Bedrooms | $374.9K | $350K | -6.7% |
| 4 Bedrooms | $426.6K | $425.3K | -0.3% |
| 5+ Bedrooms | $473.9K | $500K | +5.5% |
Summary: South and East Osceola housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 23.4%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
| West Brevard | $520K | $569.9K | +9.6% |
| Cocoa-Rockledge | $349.7K | $349.9K | 0.1% |
| East Orange | $524.6K | $525.1K | 0.1% |
| South and East Osceola | $415K | $386.2K | -6.9% |
Housing Supply in South and East Osceola, FL
How many homes are available in South and East Osceola, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 201 | 185 | -8.0% |
Summary: The South and East Osceola real estate market had 185 homes for sale in June 2024, a 8.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 94 | 77 | -18.1% |
| 4 Bedrooms | 80 | 81 | +1.3% |
| 5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The South and East Osceola housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 42 | 27 | -35.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South and East Osceola, expect to pay close to the asking price. 48.1% of homes here sold near the asking price last month.
Summary: A total of 27 homes were sold or pending in South and East Osceola in June 2024, down by 35.7% month-over-month. Of the 27 sold homes, 41% were sold under asking, 48% were sold at asking, and 11% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 79 Days | 77 Days | -2.8% |
Summary: Homes in South and East Osceola had an average of 77 days on market in Jun 2024, down by 2.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South and East Osceola are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 27 homes were sold in South and East Osceola; 37% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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