Is Wildwood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wildwood has remained a Seller's Market.
Key Takeaway
Wildwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wildwood, FL
How much do homes in Wildwood, FL cost?
Median Sold Price
$317,198
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wildwood have sold for 1% less than they did a year ago.
Summary: The median home sold price in Wildwood was $317,198 in March 2024, down 1% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $197.5K | N/A |
| 2 Bedrooms | $243.7K | $162K | -33.5% |
| 3 Bedrooms | $333.1K | $329K | -1.3% |
| 4 Bedrooms | $369.9K | $359.9K | -2.7% |
| 5+ Bedrooms | $369.9K | $354.9K | -4.1% |
Summary: Wildwood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.5%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
| Sumterville | $342.5K | $400K | +16.8% |
| Leesburg | $292.3K | $299.9K | +2.6% |
| Wildwood | $320.4K | $317.1K | -1.0% |
| Oxford | $357.7K | $350K | -2.2% |
| The Villages | $389.9K | $378.6K | -2.9% |
Housing Supply in Wildwood, FL
How many homes are available in Wildwood, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 195 | 202 | +3.6% |
Summary: The Wildwood real estate market had 202 homes for sale in March 2024, a 3.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 44 | 50 | +13.6% |
| 3 Bedrooms | 121 | 121 | 0.0% |
| 4 Bedrooms | 26 | 25 | -3.8% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Wildwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 13.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 46 | +53.3% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wildwood, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in Wildwood in March 2024, up by 53.3% month-over-month. Of the 46 sold homes, 70% were sold under asking, 22% were sold at asking, and 9% were sold over asking.
Days on Market for Wildwood, FL
How long does it take to sell a home in Wildwood, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 102 Days | 48 Days | -52.2% |
Summary: Homes in Wildwood had an average of 48 days on market in Mar 2024, down by 52.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wildwood are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 46 homes were sold in Wildwood; 59% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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