Is Zellwood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Zellwood has remained a Seller's Market.
Housing Prices in Zellwood, FL
How much do homes in Zellwood, FL cost?
Median Sold Price
$285,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Zellwood was $285,000 in April 2024, up 74% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $159K | +9.7% |
3 Bedrooms | $220K | $374.9K | +70.5% |
4 Bedrooms | $374.9K | $421.9K | +12.5% |
5+ Bedrooms | $469.9K | $475.9K | +1.3% |
Summary: Zellwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 70.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Neighborhoods
Zellwood Station | $155K | $403.9K | +160.6% |
Zellwood | $163.7K | $285K | +74.0% |
Oak Grove Village | $109K | $158K | +45.0% |
Housing Supply in Zellwood, FL
How many homes are available in Zellwood, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 47 | -9.6% |
Summary: The Zellwood real estate market had 47 homes for sale in April 2024, a 9.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 22 | 17 | -22.7% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Zellwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Zellwood in April 2024, down by 23.5% month-over-month. Of the 13 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.
Days on Market for Zellwood, FL
How long does it take to sell a home in Zellwood, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
87 Days | 55 Days | -37.0% |
Summary: Homes in Zellwood had an average of 55 days on market in Apr 2024, down by 37% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Zellwood; 23% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.