$55,000
0.24 Acres
Land
Tina St. Clair, Listing Office: ST. CLAIR REALTY GROUP, LLC
Is Howey-in-the-Hills-Okahumpka, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Howey-in-the-Hills-Okahumpka has remained a Seller's Market.
Key Takeaway
Howey-in-the-Hills-Okahumpka is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Howey-in-the-Hills-Okahumpka, FL
How much do homes in Howey-in-the-Hills-Okahumpka, FL cost?
Median Sold Price
$319,975
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,025(-3.0%)
Key Takeaway
Homes in Howey-in-the-Hills-Okahumpka have sold for 3% less than they did a year ago.
Summary: The median home sold price in Howey-in-the-Hills-Okahumpka was $319,975 in October 2024, down 3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $111.2K | +39.1% |
| 2 Bedrooms | $274K | $272K | -0.7% |
| 3 Bedrooms | $335K | $323.5K | -3.4% |
| 4 Bedrooms | $390.1K | $495K | +26.9% |
| 5+ Bedrooms | $552.5K | $607.8K | +10.0% |
Summary: Howey-in-the-Hills-Okahumpka housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.1%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
| Groveland | $384.2K | $386.3K | 0.5% |
| Leesburg | $299.9K | $299.9K | 0% |
| Howey-in-the-Hills-Okahumpka | $330K | $319.9K | -3.0% |
| Sumterville | $407.5K | $384.9K | -5.5% |
| Howey-in-the-Hills | $415K | $291.9K | -29.6% |
Housing Supply in Howey-in-the-Hills-Okahumpka, FL
How many homes are available in Howey-in-the-Hills-Okahumpka, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 284 | 278 | -2.1% |
Summary: The Howey-in-the-Hills-Okahumpka real estate market had 278 homes for sale in October 2024, a 2.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 81 | 75 | -7.4% |
| 3 Bedrooms | 175 | 172 | -1.7% |
| 4 Bedrooms | 24 | 25 | +4.2% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Howey-in-the-Hills-Okahumpka 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 7.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 47 | -9.6% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Howey-in-the-Hills-Okahumpka, you may be able to get a good deal. 70.2% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in Howey-in-the-Hills-Okahumpka in October 2024, down by 9.6% month-over-month. Of the 47 sold homes, 70% were sold under asking, 21% were sold at asking, and 9% were sold over asking.
Days on Market for Howey-in-the-Hills-Okahumpka, FL
How long does it take to sell a home in Howey-in-the-Hills-Okahumpka, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 86 Days | 71 Days | -17.5% |
Summary: Homes in Howey-in-the-Hills-Okahumpka had an average of 71 days on market in Oct 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Howey-in-the-Hills-Okahumpka has remained consistent over time.
Summary: During October 2024, 47 homes were sold in Howey-in-the-Hills-Okahumpka; 36% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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