$4,869 Closing Credit*
$409,999
1,094 SqFt
3 Beds
•1 Full Bath
Jake Martin, Listing Office: BRICK STREET REALTY
Is Central Oak Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Central Oak Park was a Seller's Market.
Key Takeaway
Central Oak Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Oak Park, FL
How much do homes in Central Oak Park, FL cost?
Median Sold Price
$380,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+1.3%)
Key Takeaway
Homes in Central Oak Park have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Central Oak Park was $380,000 in November 2024, up 1.3% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $152K | -13.1% |
| 2 Bedrooms | $332K | $342.5K | +3.2% |
| 3 Bedrooms | $422.7K | $440K | +4.1% |
| 4 Bedrooms | $482.5K | $589K | +22.1% |
| 5+ Bedrooms | $673.7K | $471.2K | -30.1% |
Summary: Central Oak Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.1%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Palmetto Park | $347.5K | $479K | +37.8% |
| Historic Kenwood | $545K | $625K | +14.7% |
| Disston Heights | $363.4K | $388K | +6.8% |
| Central Oak Park | $375K | $380K | +1.3% |
| North Kenwood | $430.3K | $430K | -0.1% |
Housing Supply in Central Oak Park, FL
How many homes are available in Central Oak Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 75 | +13.6% |
Summary: The Central Oak Park real estate market had 75 homes for sale in November 2024, a 13.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 22 | 26 | +18.2% |
| 3 Bedrooms | 29 | 32 | +10.3% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Central Oak 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 18.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Oak Park, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Central Oak Park in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Central Oak Park, FL
How long does it take to sell a home in Central Oak Park, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 74 Days | +234.0% |
Summary: Homes in Central Oak Park had an average of 74 days on market in Nov 2024, up by 234% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Central Oak Park has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Central Oak Park; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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