Is Winter Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winter Park is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Winter Park has remained a Seller's Market.

Key Takeaway

Winter Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winter Park, FL

How much do homes in Winter Park, FL cost?

Median Sold Price

$480,175

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$2,655(-0.5%)

Key Takeaway

Homes in Winter Park have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in Winter Park was $480,175 in August 2024, down 0.5% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $180K$168K
-6.7%
2 $270.2K$294.9K
+9.2%
3 $460.9K$449.9K
-2.4%
4 $681.6K$652K
-4.4%
5+ $1.4M$1.6M
+13.2%

Summary: Winter Park housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 13.2%.

Median Sold Price Compared To Nearby Cities

Eatonville
+10.3%
Orlando
+4.1%
Casselberry
+2.8%
Maitland
0.1%
Winter Park
-0.5%

Housing Supply in Winter Park, FL

How many homes are available in Winter Park, FL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
474483+1.9%

Summary: The Winter Park real estate market had 483 homes for sale in August 2024, a 1.9% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 2119
-9.5%
2 9295
+3.3%
3 165183
+10.9%
4 143133
-7.0%
5+ 5353
0.0%

Summary: The Winter Park housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
89107+20.2%

Asking Price vs. Sold Price

67 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winter Park, you may be able to get a good deal. 62.6% of homes here sold below asking price last month.

Summary: A total of 107 homes were sold or pending in Winter Park in August 2024, up by 20.2% month-over-month. Of the 107 sold homes, 63% were sold under asking, 25% were sold at asking, and 12% were sold over asking.

Days on Market for Winter Park, FL

How long does it take to sell a home in Winter Park, FL?

Average Sale Time

Aug 2023Aug 2024CHANGE
25 Days40 Days+60.7%

Summary: Homes in Winter Park had an average of 40 days on market in Aug 2024, up by 60.7% compared to last year.

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winter Park are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 107 homes were sold in Winter Park; 59% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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