Is Eagle Lake, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle Lake is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Eagle Lake has remained a Buyer's Market.

Key Takeaway

Eagle Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Eagle Lake, FL

How much do homes in Eagle Lake, FL cost?

Median Sold Price

$315,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,000(+1.0%)

Key Takeaway

Homes in Eagle Lake have sold for 1% more than they did a year ago.

Summary: The median home sold price in Eagle Lake was $315,000 in November 2024, up 1% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $220K$203.9K
-7.3%
3 $294K$290.8K
-1.1%
4 $316.2K$325K
+2.8%
5+ $356.9K$354.2K
-0.8%

Summary: Eagle Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

Eagle Lake
+1.0%
Winter Haven-Auburndale
-0.8%

Housing Supply in Eagle Lake, FL

How many homes are available in Eagle Lake, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9088-2.2%

Summary: The Eagle Lake real estate market had 88 homes for sale in November 2024, a 2.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 3432
-5.9%
4 4949
0.0%
5+ 46
+50.0%

Summary: The Eagle Lake 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 decreased by 66.7%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer86%14%

Key Takeaway

If you're buying a home in Eagle Lake, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Eagle Lake in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Eagle Lake, FL

How long does it take to sell a home in Eagle Lake, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
169 Days93 Days-44.8%

Summary: Homes in Eagle Lake had an average of 93 days on market in Nov 2024, down by 44.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times43%29%29%

Key Takeaway

Most homes in Eagle Lake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 7 homes were sold in Eagle Lake; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Eagle Lake, FL

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