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 November 2023

At the same time last year, Avon Park was a Neutral 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

$230,900

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,766(-1.2%)

Key Takeaway

Homes in Avon Park have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Avon Park was $230,900 in November 2024, down 1.2% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$72.5K
N/A
2 $190K$190K
0.0%
3 $255K$250K
-2.0%
4 $323.3K$287.9K
-10.9%
5+ $348.5K$230K
-34.0%

Summary: Avon Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 34%.

Housing Supply in Avon Park, FL

How many homes are available in Avon Park, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
159193+21.4%

Summary: The Avon Park real estate market had 193 homes for sale in November 2024, a 21.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 4352
+20.9%
3 94112
+19.1%
4 1118
+63.6%
5+ 1010
0.0%

Summary: The Avon Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were 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. 88.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Avon Park in November 2024, up by 6.3% month-over-month. Of the 17 sold homes, 88% were sold under asking, 12% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
60 Days62 Days+3.3%

Summary: Homes in Avon Park had an average of 62 days on market in Nov 2024, up by 3.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 17 homes were sold in Avon Park; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 29% 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 17 Days Ago

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