Is Lake Ida, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lake Ida was a Seller's Market.
Housing Prices in Lake Ida, FL
How much do homes in Lake Ida, FL cost?
Median Sold Price
$2,080,000
$793/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Ida was $2,080,000 in April 2024, up 15.6% from last year, and the median price per square foot was $793.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $962.5K | $1.0M | +9.1% |
3 Bedrooms | $1.4M | $1.5M | +3.5% |
4 Bedrooms | $3.0M | $2.5M | -16.0% |
5+ Bedrooms | $2.9M | $3.2M | +8.5% |
Summary: Lake Ida 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 9.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 8.5%.
Housing Supply in Lake Ida, FL
How many homes are available in Lake Ida, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 33 | +17.9% |
Summary: The Lake Ida real estate market had 33 homes for sale in April 2024, a 17.9% increase 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 | 1 | 2 | +100.0% |
3 Bedrooms | 12 | 11 | -8.3% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Lake Ida 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 100%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lake Ida in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Ida, FL
How long does it take to sell a home in Lake Ida, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
99 Days | 164 Days | +64.9% |
Summary: Homes in Lake Ida had an average of 164 days on market in Apr 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Lake Ida; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.