Is Seminole County, 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, Seminole County has remained a Seller's Market.
Key Takeaway
Seminole County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seminole County, FL
How much do homes in Seminole County, FL cost?
Median Sold Price
$399,989
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Seminole County have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Seminole County was $399,989 in April 2024, up 4.1% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $150K | +3.4% |
| 2 Bedrooms | $233.5K | $245K | +4.9% |
| 3 Bedrooms | $355.6K | $372K | +4.6% |
| 4 Bedrooms | $500.3K | $516.2K | +3.2% |
| 5+ Bedrooms | $744K | $764K | +2.7% |
Summary: Seminole County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Counties
| Orange County | $394.7K | $415K | +5.1% |
| Seminole County | $384.3K | $399.9K | +4.1% |
| Volusia County | $335K | $347.6K | +3.8% |
| Lake County | $370K | $369.7K | -0.1% |
Housing Supply in Seminole County, FL
How many homes are available in Seminole County, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,902 | 1,947 | +2.4% |
Summary: The Seminole County real estate market had 1,947 homes for sale in April 2024, a 2.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 96 | 106 | +10.4% |
| 2 Bedrooms | 292 | 300 | +2.7% |
| 3 Bedrooms | 767 | 781 | +1.8% |
| 4 Bedrooms | 574 | 586 | +2.1% |
| 5+ Bedrooms | 173 | 174 | +0.6% |
Summary: The Seminole County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 0.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 427 | 439 | +2.8% |
Asking Price vs. Sold Price
256 Homes Were Sold
Under Asking
102 Homes Were Sold
At Asking
81 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seminole County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 439 homes were sold or pending in Seminole County in April 2024, up by 2.8% month-over-month. Of the 439 sold homes, 58% were sold under asking, 23% were sold at asking, and 18% were sold over asking.
Days on Market for Seminole County, FL
How long does it take to sell a home in Seminole County, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 38 Days | +22.1% |
Summary: Homes in Seminole County had an average of 38 days on market in Apr 2024, up by 22.1% compared to last year.
Breakdown of Home Sale Times
271 Homes Were Sold
Under 30 Days
105 Homes Were Sold
In 30 - 90 Days
63 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seminole County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 439 homes were sold in Seminole County; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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