Is Eustis, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eustis is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Eustis has remained a Seller's Market.

Key Takeaway

Eustis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Eustis, FL

How much do homes in Eustis, FL cost?

Median Sold Price

$355,637

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,637(+4.6%)

Key Takeaway

Homes in Eustis have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Eustis was $355,637 in November 2024, up 4.6% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $77.5K$185K
+138.7%
2 $212.7K$234K
+10.0%
3 $313K$328.6K
+5.0%
4 $435K$450K
+3.4%
5+ $531K$514.4K
-3.1%

Summary: Eustis housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 138.7%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Cities

Umatilla
+9.3%
Grand Island
+7.7%
Eustis
+4.6%
Tavares
+1.0%
Mount Dora
+0.9%

Housing Supply in Eustis, FL

How many homes are available in Eustis, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
236239+1.3%

Summary: The Eustis real estate market had 239 homes for sale in November 2024, a 1.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 3839
+2.6%
3 9093
+3.3%
4 7880
+2.6%
5+ 2927
-6.9%

Summary: The Eustis housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 6.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3348+45.5%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eustis, you may be able to get a good deal. 81.3% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Eustis in November 2024, up by 45.5% month-over-month. Of the 48 sold homes, 81% were sold under asking, 6% were sold at asking, and 13% were sold over asking.

Days on Market for Eustis, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days63 Days+142.4%

Summary: Homes in Eustis had an average of 63 days on market in Nov 2024, up by 142.4% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Eustis are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 48 homes were sold in Eustis; 44% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 27% 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

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