Is The Villages, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, The Villages has remained a Seller's Market.
Key Takeaway
The Villages is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Villages, FL
How much do homes in The Villages, FL cost?
Median Sold Price
$379,971
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
The sold price of homes in The Villages has remained the same since last year.
Summary: The median home sold price in The Villages was $379,971 in June 2024, down 0.3% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $231K | $217K | -6.1% |
| 2 Bedrooms | $309K | $305K | -1.3% |
| 3 Bedrooms | $422.9K | $419.8K | -0.7% |
| 4 Bedrooms | $927.5K | $987.5K | +6.5% |
| 5+ Bedrooms | - | $2.0M | N/A |
Summary: The Villages housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wildwood | $308.6K | $323.9K | +5.0% |
| The Villages | $381K | $379.9K | -0.3% |
| Lady Lake | $315K | $312.2K | -0.9% |
| Fruitland Park-Lady Lake | $305.1K | $299K | -2.0% |
| Oxford | $369K | $336.5K | -8.8% |
Housing Supply in The Villages, FL
How many homes are available in The Villages, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 481 | 436 | -9.4% |
Summary: The The Villages real estate market had 436 homes for sale in June 2024, a 9.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 154 | 137 | -11.0% |
| 3 Bedrooms | 319 | 290 | -9.1% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Villages housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 111 | 88 | -20.7% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Villages, you may be able to get a good deal. 76.1% of homes here sold below asking price last month.
Summary: A total of 88 homes were sold or pending in The Villages in June 2024, down by 20.7% month-over-month. Of the 88 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% were sold over asking.
Days on Market for The Villages, FL
How long does it take to sell a home in The Villages, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 45 Days | 38 Days | -15.3% |
Summary: Homes in The Villages had an average of 38 days on market in Jun 2024, down by 15.3% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Villages are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 88 homes were sold in The Villages; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 14% 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.
The information contained herein has been provided by by Hernando County Association of REALTORS®. This information is from sources deemed reliable but not guaranteed. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. The information contained in this web site is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the owner of this site disclaims any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. This includes but is not limited to information provided by any third party which is accessed through this site via a hyperlink. Those persons who access this information assume full responsibility for the use of said information and understand and agree that the owner of this site named above not responsible or liable for any claim, loss or damage arising from the use of any information contained in this site. Any reference to specific products, companies or services does not necessarily constitute or imply recommendation or endorsement by the owner of this site.