Is Apopka, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Apopka is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Apopka, FL

How much do homes in Apopka, FL cost?

Median Sold Price

$404,942

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$4,162(+1.0%)

Key Takeaway

Homes in Apopka have sold for 1% more than they did a year ago.

Summary: The median home sold price in Apopka was $404,942 in May 2024, up 1% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $171.5K$75K
-56.3%
2 $238K$231.5K
-2.7%
3 $350.8K$363.7K
+3.7%
4 $470K$477.6K
+1.6%
5+ $580K$595K
+2.6%

Summary: Apopka housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.3%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Casselberry-Altamonte Springs
+3.7%
Apopka
+1.0%

Housing Supply in Apopka, FL

How many homes are available in Apopka, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6186200.3%

Summary: The Apopka real estate market had 620 homes for sale in May 2024, a 0.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 56
+20.0%
2 3534
-2.9%
3 274278
+1.5%
4 242243
0.4%
5+ 6259
-4.8%

Summary: The Apopka housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 4.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
125138+10.4%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

63 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Apopka, expect to pay close to the asking price. 45.7% of homes here sold near the asking price last month.

Summary: A total of 138 homes were sold or pending in Apopka in May 2024, up by 10.4% month-over-month. Of the 138 sold homes, 38% were sold under asking, 46% were sold at asking, and 16% were sold over asking.

Days on Market for Apopka, FL

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

Average Sale Time

May 2023May 2024CHANGE
44 Days39 Days-12.0%

Summary: Homes in Apopka had an average of 39 days on market in May 2024, down by 12% compared to last year.

Breakdown of Home Sale Times

76 Homes Were Sold
Under 30 Days

44 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 138 homes were sold in Apopka; 55% of homes were sold within 30 days, 32% 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 1 Day Ago

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