$2,375 Closing Credit*
$200,000
977 SqFt
2 Beds
•2 Full Baths
DJ Morieko, Listing Office: CHANNELL REAL ESTATE & INVESTMENTS
Is Bayou Oaks, 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, Bayou Oaks was a Seller's Market.
Key Takeaway
Bayou Oaks 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 Bayou Oaks, FL
How much do homes in Bayou Oaks, FL cost?
Median Sold Price
$258,500
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,550(+3.4%)
Key Takeaway
Homes in Bayou Oaks have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Bayou Oaks was $258,500 in October 2024, up 3.4% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $226K | +2.7% |
| 2 Bedrooms | $246.5K | $242.5K | -1.6% |
| 3 Bedrooms | $260K | $312.5K | +20.2% |
| 4 Bedrooms | $332.5K | $392.4K | +18.0% |
| 5+ Bedrooms | $760K | $552.5K | -27.3% |
Summary: Bayou Oaks housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 18%, and 5+ bedroom homes decreased by 27.3%.
Housing Supply in Bayou Oaks, FL
How many homes are available in Bayou Oaks, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Bayou Oaks real estate market had 19 homes for sale in October 2024, a 5.0% decrease 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 | 14 | 15 | +7.1% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Bayou Oaks 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 7.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bayou Oaks, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Bayou Oaks in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bayou Oaks, FL
How long does it take to sell a home in Bayou Oaks, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 16 Days | -74.4% |
Summary: Homes in Bayou Oaks had an average of 16 days on market in Oct 2024, down by 74.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bayou Oaks are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Bayou Oaks; 100% of homes were sold within 30 days, 0% 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.