Is Winter Springs, 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, Winter Springs has remained a Seller's Market.
Key Takeaway
Winter Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winter Springs, FL
How much do homes in Winter Springs, FL cost?
Median Sold Price
$430,950
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Winter Springs have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Winter Springs was $430,950 in April 2024, up 10.5% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $152.5K | -10.8% |
| 2 Bedrooms | $250K | $276.5K | +10.6% |
| 3 Bedrooms | $365K | $397.1K | +8.8% |
| 4 Bedrooms | $535K | $529.7K | -1.0% |
| 5+ Bedrooms | $661K | $769K | +16.3% |
Summary: Winter Springs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 16.3%.
Median Sold Price Compared To Nearby Cities
| Winter Springs | $390K | $430.9K | +10.5% |
| Longwood | $410K | $445K | +8.5% |
| Casselberry | $320K | $342.6K | +7.1% |
| Oviedo | $455K | $483K | +6.2% |
| Casselberry-Altamonte Springs | $354.5K | $368.6K | +4.0% |
Housing Supply in Winter Springs, FL
How many homes are available in Winter Springs, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 209 | 216 | +3.3% |
Summary: The Winter Springs real estate market had 216 homes for sale in April 2024, a 3.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 109 | 110 | +0.9% |
| 4 Bedrooms | 57 | 65 | +14.0% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Winter Springs 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 decreased by 9.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 14%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 63 | +18.9% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winter Springs, you may be able to get a good deal. 65.1% of homes here sold below asking price last month.
Summary: A total of 63 homes were sold or pending in Winter Springs in April 2024, up by 18.9% month-over-month. Of the 63 sold homes, 65% were sold under asking, 13% were sold at asking, and 22% were sold over asking.
Days on Market for Winter Springs, FL
How long does it take to sell a home in Winter Springs, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 32 Days | +28.2% |
Summary: Homes in Winter Springs had an average of 32 days on market in Apr 2024, up by 28.2% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winter Springs are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 63 homes were sold in Winter Springs; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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