Is Forest Acres / Osceola Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forest Acres / Osceola Heights is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Forest Acres / Osceola Heights has remained a Seller's Market.

Key Takeaway

Forest Acres / Osceola Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Forest Acres / Osceola Heights, FL

How much do homes in Forest Acres / Osceola Heights, FL cost?

Median Sold Price

$410,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$82,500(+25.2%)

Key Takeaway

Homes in Forest Acres / Osceola Heights have sold for 25.2% more than they did a year ago.

Summary: The median home sold price in Forest Acres / Osceola Heights was $410,000 in September 2024, up 25.2% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$70K
N/A
2 $132.5K$130K
-1.9%
3 $250K$437.5K
+75.0%
4 $450K$500K
+11.1%
5+ $809K$575K
-28.9%

Summary: Forest Acres / Osceola Heights housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 28.9%.

Median Sold Price Compared To Nearby Neighborhoods

Forest Acres / Osceola Heights
+25.2%
Summertree
+9.6%
Hidden Lakes
+4.9%
Parkwood Acres
-1.5%

Housing Supply in Forest Acres / Osceola Heights, FL

How many homes are available in Forest Acres / Osceola Heights, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
910+11.1%

Summary: The Forest Acres / Osceola Heights real estate market had 10 homes for sale in September 2024, a 11.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 43
-25.0%
4 21
-50.0%
5+ 12
+100.0%

Summary: The Forest Acres / Osceola Heights housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forest Acres / Osceola Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Forest Acres / Osceola Heights in September 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Forest Acres / Osceola Heights, FL

How long does it take to sell a home in Forest Acres / Osceola Heights, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
14 Days21 Days+44.8%

Summary: Homes in Forest Acres / Osceola Heights had an average of 21 days on market in Sep 2024, up 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

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Forest Acres / Osceola Heights are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 4 homes were sold in Forest Acres / Osceola Heights; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

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