Is Winter Haven, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winter Haven is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Winter Haven has remained a Seller's Market.

Key Takeaway

Winter Haven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winter Haven, FL

How much do homes in Winter Haven, FL cost?

Median Sold Price

$301,912

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$6,330(-2.1%)

Key Takeaway

Homes in Winter Haven have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Winter Haven was $301,912 in March 2024, down 2.1% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $109.9K$114.9K
+4.6%
2 $192.5K$184.9K
-3.9%
3 $295.7K$294.8K
-0.3%
4 $347.9K$337.8K
-2.9%
5+ $388.9K$385K
-1.0%

Summary: Winter Haven housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Cities

Winter Haven-Auburndale
0.0%
Winter Haven
-2.1%
Lake Alfred
-2.7%
Dundee
-3.5%

Housing Supply in Winter Haven, FL

How many homes are available in Winter Haven, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
892923+3.5%

Summary: The Winter Haven real estate market had 923 homes for sale in March 2024, a 3.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1212
0.0%
2 178199
+11.8%
3 344352
+2.3%
4 297297
0.0%
5+ 6163
+3.3%

Summary: The Winter Haven housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 2.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 3.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
144164+13.9%

Asking Price vs. Sold Price

86 Homes Were Sold
Under Asking

55 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winter Haven, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 164 homes were sold or pending in Winter Haven in March 2024, up by 13.9% month-over-month. Of the 164 sold homes, 52% were sold under asking, 34% were sold at asking, and 14% 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

Mar 2023Mar 2024CHANGE
57 Days61 Days+7.5%

Summary: Homes in Winter Haven had an average of 61 days on market in Mar 2024, up by 7.5% compared to last year.

Breakdown of Home Sale Times

73 Homes Were Sold
Under 30 Days

45 Homes Were Sold
In 30 - 90 Days

46 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 164 homes were sold in Winter Haven; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 28% 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 17 Days Ago

Newest Listings in Winter Haven, FL

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