Is Winter Haven, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Winter Haven has remained a Seller's Market.
Key Takeaway
Winter Haven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winter Haven, FL
How much do homes in Winter Haven, FL cost?
Median Sold Price
$299,999
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Winter Haven have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Winter Haven was $299,999 in May 2024, down 2.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.9K | $117.5K | +6.9% |
| 2 Bedrooms | $191.7K | $187.1K | -2.4% |
| 3 Bedrooms | $294.8K | $292.5K | -0.8% |
| 4 Bedrooms | $344.4K | $337.4K | -2.0% |
| 5+ Bedrooms | $385K | $388K | +0.8% |
Summary: Winter Haven housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Lake Alfred | $300K | $325K | +8.3% |
| Winter Haven-Auburndale | $304.4K | $299.8K | -1.5% |
| Winter Haven | $307.6K | $299.9K | -2.5% |
| Dundee | $300K | $290K | -3.3% |
Housing Supply in Winter Haven, FL
How many homes are available in Winter Haven, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 955 | 942 | -1.4% |
Summary: The Winter Haven real estate market had 942 homes for sale in May 2024, a 1.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 173 | 162 | -6.4% |
| 3 Bedrooms | 384 | 385 | 0.3% |
| 4 Bedrooms | 312 | 311 | -0.3% |
| 5+ Bedrooms | 76 | 73 | -3.9% |
Summary: The Winter Haven housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 3.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 170 | 165 | -2.9% |
Asking Price vs. Sold Price
83 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winter Haven, you may be able to get a good deal. 50.3% of homes here sold below asking price last month.
Summary: A total of 165 homes were sold or pending in Winter Haven in May 2024, down by 2.9% month-over-month. Of the 165 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.
Days on Market for Winter Haven, FL
How long does it take to sell a home in Winter Haven, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 49 Days | 54 Days | +9.2% |
Summary: Homes in Winter Haven had an average of 54 days on market in May 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
83 Homes Were Sold
Under 30 Days
49 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winter Haven are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 165 homes were sold in Winter Haven; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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