Is Winter Garden-Ocoee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winter Garden-Ocoee is a seller's market

Buyer's
Market

Difference Since January 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

$412,260

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$22,290(+5.7%)

Key Takeaway

Homes in Winter Garden-Ocoee have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Winter Garden-Ocoee was $412,260 in January 2024, up 5.7% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $166.7K$170K
+2.0%
2 $205K$225K
+9.8%
3 $359.6K$374.7K
+4.2%
4 $475.7K$520.9K
+9.5%
5+ $680K$700K
+2.9%

Summary: Winter Garden-Ocoee housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Cities

Oakland
+18.2%
Winter Garden
+6.6%
Southwest Orange
+6.2%
Winter Garden-Ocoee
+5.7%
Ocoee
+5.0%

Housing Supply in Winter Garden-Ocoee, FL

How many homes are available in Winter Garden-Ocoee, FL?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
285294+3.2%

Summary: The Winter Garden-Ocoee real estate market had 294 homes for sale in January 2024, a 3.2% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 47
+75.0%
2 3740
+8.1%
3 127128
+0.8%
4 8892
+4.5%
5+ 2927
-6.9%

Summary: The Winter Garden-Ocoee housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 6.9%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
6757-14.9%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winter Garden-Ocoee, you may be able to get a good deal. 64.9% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in Winter Garden-Ocoee in January 2024, down by 14.9% month-over-month. Of the 57 sold homes, 65% were sold under asking, 18% 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

Jan 2023Jan 2024CHANGE
39 Days45 Days+14.4%

Summary: Homes in Winter Garden-Ocoee had an average of 45 days on market in Jan 2024, up by 14.4% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winter Garden-Ocoee are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 57 homes were sold in Winter Garden-Ocoee; 49% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 7% 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 27 Days Ago

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