Is Winter Garden-Ocoee, 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, Winter Garden-Ocoee has remained a Seller's Market.
Key Takeaway
Winter Garden-Ocoee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winter Garden-Ocoee, FL
How much do homes in Winter Garden-Ocoee, FL cost?
Median Sold Price
$415,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Winter Garden-Ocoee have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Winter Garden-Ocoee was $415,000 in June 2024, up 3.8% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171.2K | $195K | +13.9% |
| 2 Bedrooms | $209.5K | $230K | +9.8% |
| 3 Bedrooms | $365K | $386.2K | +5.8% |
| 4 Bedrooms | $499.8K | $525K | +5.0% |
| 5+ Bedrooms | $697.5K | $730K | +4.7% |
Summary: Winter Garden-Ocoee housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Oakland | $495K | $565.2K | +14.2% |
| Ocoee | $415K | $444.9K | +7.2% |
| Southwest Orange | $508.8K | $544.8K | +7.1% |
| Winter Garden | $547.4K | $579.6K | +5.9% |
| Winter Garden-Ocoee | $399.9K | $415K | +3.8% |
Housing Supply in Winter Garden-Ocoee, FL
How many homes are available in Winter Garden-Ocoee, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 361 | 367 | +1.7% |
Summary: The Winter Garden-Ocoee real estate market had 367 homes for sale in June 2024, a 1.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 35 | 38 | +8.6% |
| 3 Bedrooms | 165 | 155 | -6.1% |
| 4 Bedrooms | 116 | 124 | +6.9% |
| 5+ Bedrooms | 40 | 46 | +15.0% |
Summary: The Winter Garden-Ocoee housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 91 | 73 | -19.8% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winter Garden-Ocoee, you may be able to get a good deal. 57.5% of homes here sold below asking price last month.
Summary: A total of 73 homes were sold or pending in Winter Garden-Ocoee in June 2024, down by 19.8% month-over-month. Of the 73 sold homes, 58% were sold under asking, 25% were sold at asking, and 18% were sold over asking.
Days on Market for Winter Garden-Ocoee, FL
How long does it take to sell a home in Winter Garden-Ocoee, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 15 Days | 36 Days | +135.9% |
Summary: Homes in Winter Garden-Ocoee had an average of 36 days on market in Jun 2024, up by 135.9% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winter Garden-Ocoee are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 73 homes were sold in Winter Garden-Ocoee; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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