Is Winter Haven, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Winter Haven has remained a Buyer's Market.
Key Takeaway
Winter Haven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Winter Haven, FL
How much do homes in Winter Haven, FL cost?
Median Sold Price
$304,896
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Winter Haven have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Winter Haven was $304,896 in November 2023, down 1.6% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $105K | -12.5% |
| 2 Bedrooms | $195K | $185K | -5.1% |
| 3 Bedrooms | $300K | $294.9K | -1.7% |
| 4 Bedrooms | $349.4K | $338.5K | -3.1% |
| 5+ Bedrooms | $418K | $380.4K | -9.0% |
Summary: Winter Haven housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 9%.
Median Sold Price Compared To Nearby Cities
| Winter Haven-Auburndale | $297.2K | $304.5K | +2.5% |
| Lake Alfred | $300K | $299.4K | -0.2% |
| Dundee | $295.9K | $295K | -0.3% |
| Winter Haven | $309.9K | $304.8K | -1.6% |
Housing Supply in Winter Haven, FL
How many homes are available in Winter Haven, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 802 | 763 | -4.9% |
Summary: The Winter Haven real estate market had 763 homes for sale in November 2023, a 4.9% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 14 | +16.7% |
| 2 Bedrooms | 142 | 148 | +4.2% |
| 3 Bedrooms | 337 | 300 | -11.0% |
| 4 Bedrooms | 253 | 248 | -2.0% |
| 5+ Bedrooms | 58 | 53 | -8.6% |
Summary: The Winter Haven housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 8.6%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 160 | 108 | -32.5% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winter Haven, you may be able to get a good deal. 50.9% of homes here sold below asking price last month.
Summary: A total of 108 homes were sold or pending in Winter Haven in November 2023, down by 32.5% month-over-month. Of the 108 sold homes, 51% were sold under asking, 34% were sold at asking, and 15% were sold over asking.
Days on Market for Winter Haven, FL
How long does it take to sell a home in Winter Haven, FL?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 35 Days | 45 Days | +28.8% |
Summary: Homes in Winter Haven had an average of 45 days on market in Nov 2023, up by 28.8% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winter Haven are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 108 homes were sold in Winter Haven; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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Copyright © 2023 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Brevard Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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