$4,146 Closing Credit*
$349,100
1,201 SqFt
3 Beds
•2 Full Baths
Chris Bright, Listing Office: BEST ORLANDO PROPERTY MANAGEMENT LLC
Is Azalea Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Azalea Park was a Seller's Market.
Key Takeaway
Azalea Park 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 Azalea Park, FL
How much do homes in Azalea Park, FL cost?
Median Sold Price
$344,500
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,500(+11.9%)
Key Takeaway
Homes in Azalea Park have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Azalea Park was $344,500 in October 2024, up 11.9% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $238.5K | $255K | +6.9% |
| 3 Bedrooms | $304K | $340K | +11.8% |
| 4 Bedrooms | $359K | $383K | +6.7% |
| 5+ Bedrooms | $355K | $452.2K | +27.4% |
Summary: Azalea 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 6.9%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 27.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Azalea Park | $308K | $344.5K | +11.9% |
| Engelwood Park | $285K | $273K | -4.2% |
Housing Supply in Azalea Park, FL
How many homes are available in Azalea Park, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 44 | +2.3% |
Summary: The Azalea Park real estate market had 44 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 23 | 26 | +13.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Azalea 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 decreased by 9.1%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Azalea Park, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Azalea Park in October 2024, down by 36.4% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Azalea Park, FL
How long does it take to sell a home in Azalea Park, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 21 Days | +14.0% |
Summary: Homes in Azalea Park had an average of 21 days on market in Oct 2024, up by 14% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Azalea Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Azalea Park; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.