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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avon Park is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Avon Park was a Seller's Market.

Key Takeaway

Avon Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Avon Park, FL

How much do homes in Avon Park, FL cost?

Median Sold Price

$215,900

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,600(-5.1%)

Key Takeaway

Homes in Avon Park have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in Avon Park was $215,900 in October 2024, down 5.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$105K
N/A
2 $155K$165K
+6.5%
3 $229.5K$229.9K
0.2%
4 $322K$287.9K
-10.6%
5+ $278K$550K
+97.8%

Summary: Avon Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 97.8%.

Housing Supply in Avon Park, FL

How many homes are available in Avon Park, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5350-5.7%

Summary: The Avon Park real estate market had 50 homes for sale in October 2024, a 5.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 3533
-5.7%
4 53
-40.0%
5+ 55
0.0%

Summary: The Avon Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avon Park, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Avon Park in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Avon Park, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days35 Days-38.9%

Summary: Homes in Avon Park had an average of 35 days on market in Oct 2024, down by 38.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Avon Park has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Avon Park; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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