$5,059 Closing Credit*
$426,000
2,685 SqFt
4 Beds
•2 Full Baths
Warren Spencer, Listing Office: HOMELIS REALTY INC
Is Eustis, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Eustis was a Seller's Market.
Key Takeaway
Eustis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Eustis, FL
How much do homes in Eustis, FL cost?
Median Sold Price
$341,333
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,000(+0.6%)
Key Takeaway
Homes in Eustis have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Eustis was $341,333 in October 2024, up 0.6% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.5K | $185K | +138.7% |
| 2 Bedrooms | $215.5K | $226.4K | +5.1% |
| 3 Bedrooms | $315K | $329K | +4.4% |
| 4 Bedrooms | $435K | $440K | +1.1% |
| 5+ Bedrooms | $512K | $525K | +2.5% |
Summary: Eustis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 138.7%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
| Umatilla | $282.7K | $299.5K | +5.9% |
| Tavares | $310.6K | $321.1K | +3.4% |
| Grand Island | $320K | $329K | +2.8% |
| Eustis | $339.3K | $341.3K | +0.6% |
| Mount Dora | $399.3K | $400K | 0.2% |
Housing Supply in Eustis, FL
How many homes are available in Eustis, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 249 | 222 | -10.8% |
Summary: The Eustis real estate market had 222 homes for sale in October 2024, a 10.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 44 | 36 | -18.2% |
| 3 Bedrooms | 102 | 90 | -11.8% |
| 4 Bedrooms | 72 | 65 | -9.7% |
| 5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The Eustis housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 29 | -35.6% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eustis, you may be able to get a good deal. 62.1% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Eustis in October 2024, down by 35.6% month-over-month. Of the 29 sold homes, 62% were sold under asking, 14% were sold at asking, and 24% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 40 Days | -0.0% |
Summary: Homes in Eustis had an average of 40 days on market in Oct 2024, down by 0% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eustis are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in Eustis; 55% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.