$5,759 Closing Credit*
$485,000
1,200 SqFt
3 Beds
•2 Full Baths
Patrice Hammill, Listing Office: KELLER WILLIAMS REALTY PORTFOL
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 October 2023
Since last year, Central Oak Park has remained a Seller's Market.
Key Takeaway
Central Oak Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Oak Park, FL
How much do homes in Central Oak Park, FL cost?
Median Sold Price
$379,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,000(+0.3%)
Key Takeaway
The sold price of homes in Central Oak Park has remained the same since last year.
Summary: The median home sold price in Central Oak Park was $379,000 in October 2024, up 0.3% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $152K | -13.1% |
| 2 Bedrooms | $332K | $342.5K | +3.2% |
| 3 Bedrooms | $430K | $440K | +2.3% |
| 4 Bedrooms | $433.5K | $592K | +36.6% |
| 5+ Bedrooms | $673.7K | $471.2K | -30.1% |
Summary: Central Oak Park housing prices by bedroom type for October 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 2.3%, 4 bedroom homes increased by 36.6%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Palmetto Park | $345K | $426K | +23.5% |
| Historic Kenwood | $550K | $614K | +11.6% |
| Disston Heights | $363.3K | $387.5K | +6.6% |
| North Kenwood | $425K | $430K | +1.2% |
| Central Oak Park | $378K | $379K | 0.3% |
Housing Supply in Central Oak Park, FL
How many homes are available in Central Oak Park, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 64 | -1.5% |
Summary: The Central Oak Park real estate market had 64 homes for sale in October 2024, a 1.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 21 | 21 | 0.0% |
| 3 Bedrooms | 30 | 29 | -3.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Central Oak 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 remained the same, 3 bedroom homes decreased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 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. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Central Oak Park in October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 46 Days | +119.5% |
Summary: Homes in Central Oak Park had an average of 46 days on market in Oct 2024, up by 119.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Oak Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Central Oak Park; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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