Is Umatilla, 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, Umatilla was a Seller's Market.
Housing Prices in Umatilla, FL
How much do homes in Umatilla, FL cost?
Median Sold Price
$290,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Umatilla was $290,000 in June 2024, up 0.3% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98.5K | $557.5K | +466.0% |
2 Bedrooms | $115K | $210K | +82.6% |
3 Bedrooms | $310K | $279K | -10.0% |
4 Bedrooms | $331.2K | $384.9K | +16.2% |
5+ Bedrooms | $367.4K | $660K | +79.6% |
Summary: Umatilla housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 466%, 2 bedroom homes increased by 82.6%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 79.6%.
Median Sold Price Compared To Nearby Cities
Leesburg East | $303.2K | $315K | +3.9% |
Umatilla | $289K | $290K | 0.3% |
Umatilla | $299.8K | $290K | -3.3% |
Grand Island | $330K | $317.5K | -3.8% |
Altoona | $242.9K | $199.5K | -17.9% |
Housing Supply in Umatilla, FL
How many homes are available in Umatilla, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
77 | 66 | -14.3% |
Summary: The Umatilla real estate market had 66 homes for sale in June 2024, a 14.3% 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 | 9 | 9 | 0.0% |
3 Bedrooms | 31 | 24 | -22.6% |
4 Bedrooms | 31 | 30 | -3.2% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Umatilla 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 remained the same, 3 bedroom homes decreased by 22.6%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
19 | 8 | -57.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Umatilla in June 2024, down by 57.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Umatilla, FL
How long does it take to sell a home in Umatilla, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
13 Days | 27 Days | +107.8% |
Summary: Homes in Umatilla had an average of 27 days on market in Jun 2024, up by 107.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 8 homes were sold in Umatilla; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.