Is Umatilla, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Umatilla is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Umatilla was a Seller's Market.

Key Takeaway

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

How much do homes in Umatilla, FL cost?

Median Sold Price

$277,700

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$48,701(+21.3%)

Key Takeaway

Homes in Umatilla have sold for 21.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$127.5K
N/A
2 $161.7K$249.9K
+54.5%
3 $219.9K$269.9K
+22.7%
4 $275K$385.9K
+40.4%
5+ $350.5K$184K
-47.5%

Median Sold Price Compared To Nearby Cities

Grand Island
+28.1%
Umatilla
+21.3%
Leesburg East
+17.6%
Umatilla
+15.6%

How many homes are available in Umatilla, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
5751-10.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 77
0.0%
3 2823
-17.9%
4 2118
-14.3%
5+ 13
+200.0%

Number of Homes Sold

Aug 2022Sep 2022%
137-46.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Umatilla, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
26 Days38 Days+44.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Umatilla has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Umatilla, FL

Umatilla, FL has 51 homes on the market. In September 2022 in Umatilla, FL there were 10.5% less homes for sale than in August 2022. In September 2022, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $277,700. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 54.5% more expensive, 3 bedrooms properties prices increased by 22.7%, the cost of 4 bedrooms properties went up by 40.4%, the cost of 5 bedrooms properties went down by 47.5%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes decreased by 17.9%, number of 4 bedrooms homes decreased by 14.3%, number of 5 bedrooms homes increased by 200%. Over 1 listings were sold over their listed price in September 2022 in Umatilla, FL. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price.

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