Is Auburndale, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Auburndale was a Seller's Market.
Key Takeaway
Auburndale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Auburndale, FL
How much do homes in Auburndale, FL cost?
Median Sold Price
$323,425
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Auburndale have sold for 2% less than they did a year ago.
Summary: The median home sold price in Auburndale was $323,425 in May 2024, down 2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $282.5K | N/A |
| 2 Bedrooms | $174.5K | $185K | +6.0% |
| 3 Bedrooms | $285.4K | $295K | +3.3% |
| 4 Bedrooms | $360.7K | $364.9K | +1.2% |
| 5+ Bedrooms | $420K | $515K | +22.6% |
Summary: Auburndale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 22.6%.
Median Sold Price Compared To Nearby Cities
| Lake Alfred | $300K | $325K | +8.3% |
| Winter Haven-Auburndale | $304.4K | $299.8K | -1.5% |
| Auburndale | $329.9K | $323.4K | -2.0% |
| Winter Haven | $307.6K | $299.9K | -2.5% |
| Polk City | $326K | $313K | -4.0% |
Housing Supply in Auburndale, FL
How many homes are available in Auburndale, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 271 | 284 | +4.8% |
Summary: The Auburndale real estate market had 284 homes for sale in May 2024, a 4.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 110 | 114 | +3.6% |
| 4 Bedrooms | 118 | 130 | +10.2% |
| 5+ Bedrooms | 25 | 23 | -8.0% |
Summary: The Auburndale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 45 | 0.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Auburndale, you may be able to get a good deal. 51.1% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in Auburndale in May 2024, the same as the previous month. Of the 45 sold homes, 51% were sold under asking, 33% were sold at asking, and 16% were sold over asking.
Days on Market for Auburndale, FL
How long does it take to sell a home in Auburndale, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 52 Days | 68 Days | +31.8% |
Summary: Homes in Auburndale had an average of 68 days on market in May 2024, up by 31.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Auburndale has remained consistent over time.
Summary: During May 2024, 45 homes were sold in Auburndale; 27% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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