Is Apopka, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Apopka is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Apopka, FL

How much do homes in Apopka, FL cost?

Median Sold Price

$403,544

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,544(+0.9%)

Key Takeaway

Homes in Apopka have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Apopka was $403,544 in April 2024, up 0.9% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $171.5K$79K
-53.9%
2 $235K$235K
0.0%
3 $350K$364.1K
+4.0%
4 $475.9K$475.1K
-0.2%
5+ $598.9K$583.8K
-2.5%

Summary: Apopka housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 2.5%.

Median Sold Price Compared To Nearby Cities

Casselberry-Altamonte Springs
+4.0%
Apopka
+0.9%

Housing Supply in Apopka, FL

How many homes are available in Apopka, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
531558+5.1%

Summary: The Apopka real estate market had 558 homes for sale in April 2024, a 5.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 66
0.0%
2 3739
+5.4%
3 245243
-0.8%
4 189214
+13.2%
5+ 5456
+3.7%

Summary: The Apopka 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 increased by 5.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 3.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
108118+9.3%

Asking Price vs. Sold Price

58 Homes Were Sold
Under Asking

40 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Apopka, you may be able to get a good deal. 49.2% of homes here sold below asking price last month.

Summary: A total of 118 homes were sold or pending in Apopka in April 2024, up by 9.3% month-over-month. Of the 118 sold homes, 49% were sold under asking, 34% were sold at asking, and 17% were sold over asking.

Days on Market for Apopka, FL

How long does it take to sell a home in Apopka, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days45 Days+49.8%

Summary: Homes in Apopka had an average of 45 days on market in Apr 2024, up by 49.8% compared to last year.

Breakdown of Home Sale Times

71 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 118 homes were sold in Apopka; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 15% 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 9 Days Ago

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