Is Oviedo, 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, Oviedo has remained a Seller's Market.
Housing Prices in Oviedo, FL
How much do homes in Oviedo, FL cost?
Median Sold Price
$483,080
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oviedo was $483,080 in April 2024, up 6.2% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $183K | $192.4K | +5.2% |
2 Bedrooms | $286.2K | $249.9K | -12.7% |
3 Bedrooms | $400K | $416.8K | +4.2% |
4 Bedrooms | $535K | $580K | +8.4% |
5+ Bedrooms | $740K | $795K | +7.4% |
Summary: Oviedo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
Winter Springs | $390K | $430.9K | +10.5% |
Oviedo | $455K | $483K | +6.2% |
Housing Supply in Oviedo, FL
How many homes are available in Oviedo, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
229 | 232 | +1.3% |
Summary: The Oviedo real estate market had 232 homes for sale in April 2024, a 1.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 18 | 18 | 0.0% |
3 Bedrooms | 97 | 92 | -5.2% |
4 Bedrooms | 90 | 93 | +3.3% |
5+ Bedrooms | 22 | 28 | +27.3% |
Summary: The Oviedo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 64 | -5.9% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Oviedo in April 2024, down by 5.9% month-over-month. Of the 64 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for Oviedo, FL
How long does it take to sell a home in Oviedo, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 35 Days | +29.0% |
Summary: Homes in Oviedo had an average of 35 days on market in Apr 2024, up by 29% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 64 homes were sold in Oviedo; 64% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.