Is The Villages, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Villages is a seller's market

Buyer's
Market

Difference Since May 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

$379,537

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,837(-1.5%)

Key Takeaway

Homes in The Villages have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in The Villages was $379,537 in May 2024, down 1.5% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $231K$217K
-6.1%
2 $310K$305K
-1.6%
3 $425K$419K
-1.4%
4 $975K$819.9K
-15.9%
5+ -$2.0M
N/A

Summary: The Villages housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wildwood
+4.2%
The Villages
-1.5%
Lady Lake
-3.3%
Fruitland Park-Lady Lake
-7.9%
Oxford
-8.3%

Housing Supply in The Villages, FL

How many homes are available in The Villages, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4664660.0%

Summary: The The Villages real estate market had 466 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 145158
+9.0%
3 309300
-2.9%
4 106
-40.0%
5+ 10
-100.0%

Summary: The The Villages housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
112103-8.0%

Asking Price vs. Sold Price

83 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Villages, you may be able to get a good deal. 80.6% of homes here sold below asking price last month.

Summary: A total of 103 homes were sold or pending in The Villages in May 2024, down by 8.0% month-over-month. Of the 103 sold homes, 81% were sold under asking, 13% were sold at asking, and 7% 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

May 2023May 2024CHANGE
53 Days58 Days+9.9%

Summary: Homes in The Villages had an average of 58 days on market in May 2024, up by 9.9% compared to last year.

Breakdown of Home Sale Times

50 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in The Villages are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 103 homes were sold in The Villages; 49% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 23% 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 12 Days Ago

Newest Listings in The Villages, FL

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