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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hidden Lake is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hidden Lake was a Seller's Market.

Key Takeaway

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

Housing Prices in Hidden Lake, FL

How much do homes in Hidden Lake, FL cost?

Median Sold Price

$293,000

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,400(+8.7%)

Key Takeaway

Homes in Hidden Lake have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Hidden Lake was $293,000 in October 2024, up 8.7% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $255K$250K
-2.0%
3 $305.5K$320K
+4.7%
4 -$374.9K
N/A
5+ --
N/A

Summary: Hidden Lake 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 2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hidden Lake, FL

How many homes are available in Hidden Lake, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2226+18.2%

Summary: The Hidden Lake real estate market had 26 homes for sale in October 2024, a 18.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 1115
+36.4%
4 30
-100.0%
5+ 00
0.0%

Summary: The Hidden Lake 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 increased by 37.5%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hidden Lake, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Hidden Lake in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Hidden Lake, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days23 Days-28.3%

Summary: Homes in Hidden Lake had an average of 23 days on market in Oct 2024, down by 28.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Hidden Lake; 67% of homes were sold within 30 days, 33% 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 14 Days Ago

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