$2,601 Closing Credit*
$219,000
966 SqFt
2 Beds
•2 Full Baths
Kathy Hurd, Listing Office: MY REALTY COMPANY
Is Bayou Oaks, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$250,625
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$625(+0.3%)
Key Takeaway
The sold price of homes in Bayou Oaks has remained the same since last year.
Summary: The median home sold price in Bayou Oaks was $250,625 in December 2024, up 0.3% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $250.5K | +17.9% |
| 2 Bedrooms | $249.9K | $235K | -6.0% |
| 3 Bedrooms | $225K | $320K | +42.2% |
| 4 Bedrooms | $367.4K | - | N/A |
| 5+ Bedrooms | $760K | $480K | -36.8% |
Summary: Bayou Oaks housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 42.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 36.8%.
Housing Supply in Bayou Oaks, FL
How many homes are available in Bayou Oaks, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Bayou Oaks real estate market had 25 homes for sale in December 2024, a 4.2% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bayou Oaks housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 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 4 homes were sold or pending in Bayou Oaks in December 2024, up by 100.0% month-over-month. Of the 4 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 44 Days | 151 Days | +236.6% |
Summary: Homes in Bayou Oaks had an average of 151 days on market in Dec 2024, up by 236.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bayou Oaks are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 4 homes were sold in Bayou Oaks; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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