Is South and East Osceola, 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, South and East Osceola was a Seller's Market.
Key Takeaway
South and East Osceola is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South and East Osceola, FL
How much do homes in South and East Osceola, FL cost?
Median Sold Price
$402,121
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South and East Osceola have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in South and East Osceola was $402,121 in April 2024, down 2.7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219K | $125K | -42.9% |
| 2 Bedrooms | $261K | $240K | -8.0% |
| 3 Bedrooms | $375K | $356K | -5.1% |
| 4 Bedrooms | $427.9K | $443.1K | +3.5% |
| 5+ Bedrooms | $512K | $525K | +2.5% |
Summary: South and East Osceola housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
| West Brevard | $519.5K | $569K | +9.5% |
| East Orange | $520.5K | $530K | +1.8% |
| Cocoa-Rockledge | $348.4K | $350K | 0.5% |
| South and East Osceola | $413.2K | $402.1K | -2.7% |
Housing Supply in South and East Osceola, FL
How many homes are available in South and East Osceola, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 121 | 145 | +19.8% |
Summary: The South and East Osceola real estate market had 145 homes for sale in April 2024, a 19.8% 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 | 12 | 15 | +25.0% |
| 3 Bedrooms | 51 | 63 | +23.5% |
| 4 Bedrooms | 45 | 51 | +13.3% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The South and East Osceola 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 25%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South and East Osceola, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in South and East Osceola in April 2024, down by 4.8% month-over-month. Of the 20 sold homes, 55% were sold under asking, 30% were sold at asking, and 15% were sold over asking.
Days on Market for South and East Osceola, FL
How long does it take to sell a home in South and East Osceola, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 59 Days | +48.6% |
Summary: Homes in South and East Osceola had an average of 59 days on market in Apr 2024, up by 48.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South and East Osceola are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in South and East Osceola; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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