$3,503 Closing Credit*
$295,000
2,107 SqFt
3 Beds
•2 Full Baths
Rafael Narvaez, Listing Office: EXP REALTY LLC
Is Fruitland Park, 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, Fruitland Park was a Seller's Market.
Key Takeaway
Fruitland Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fruitland Park, FL
How much do homes in Fruitland Park, FL cost?
Median Sold Price
$340,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,000(-3.1%)
Key Takeaway
Homes in Fruitland Park have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Fruitland Park was $340,000 in October 2024, down 3.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $180K | N/A |
| 2 Bedrooms | $235.5K | $200K | -15.1% |
| 3 Bedrooms | $340K | $340K | 0.0% |
| 4 Bedrooms | $380K | $384.9K | +1.3% |
| 5+ Bedrooms | $371.4K | $485K | +30.6% |
Summary: Fruitland Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 30.6%.
Median Sold Price Compared To Nearby Cities
| Fruitland Park-Lady Lake | $299.3K | $320K | +6.9% |
| Lady Lake | $306.8K | $325K | +5.9% |
| The Villages | $375.1K | $375K | 0% |
| Leesburg | $299.9K | $299.9K | 0% |
| Fruitland Park | $351K | $340K | -3.1% |
Housing Supply in Fruitland Park, FL
How many homes are available in Fruitland Park, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 93 | +3.3% |
Summary: The Fruitland Park real estate market had 93 homes for sale in October 2024, a 3.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 52 | 59 | +13.5% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Fruitland 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 decreased by 25%, 3 bedroom homes increased by 13.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 8 | -52.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fruitland Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Fruitland Park in October 2024, down by 52.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Fruitland Park, FL
How long does it take to sell a home in Fruitland Park, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 55 Days | +9.5% |
Summary: Homes in Fruitland Park had an average of 55 days on market in Oct 2024, up by 9.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fruitland Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Fruitland Park; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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