$3,076 Closing Credit*
$259,000
1,417 SqFt
2 Beds
•2 Full Baths
Brian Cirillo, Listing Office: BALDWIN PARK REALTY 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 November 2023
At the same time last year, Howey-in-the-Hills-Okahumpka was a Seller's Market.
Key Takeaway
Howey-in-the-Hills-Okahumpka is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Howey-in-the-Hills-Okahumpka, FL
How much do homes in Howey-in-the-Hills-Okahumpka, FL cost?
Median Sold Price
$315,936
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,063(-4.3%)
Key Takeaway
Homes in Howey-in-the-Hills-Okahumpka have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Howey-in-the-Hills-Okahumpka was $315,936 in November 2024, down 4.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $111.2K | +39.1% |
| 2 Bedrooms | $274.9K | $270K | -1.8% |
| 3 Bedrooms | $335K | $322.7K | -3.7% |
| 4 Bedrooms | $403.5K | $499K | +23.7% |
| 5+ Bedrooms | $550K | $607.8K | +10.5% |
Summary: Howey-in-the-Hills-Okahumpka housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.1%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Groveland | $384.5K | $387.5K | +0.8% |
| Leesburg | $300K | $299.9K | -0.1% |
| Howey-in-the-Hills-Okahumpka | $330K | $315.9K | -4.3% |
| Sumterville | $410K | $379.9K | -7.3% |
| Howey-in-the-Hills | $415K | $290.4K | -30.0% |
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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 289 | 294 | +1.7% |
Summary: The Howey-in-the-Hills-Okahumpka real estate market had 294 homes for sale in November 2024, a 1.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 82 | 86 | +4.9% |
| 3 Bedrooms | 176 | 174 | -1.1% |
| 4 Bedrooms | 26 | 28 | +7.7% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Howey-in-the-Hills-Okahumpka housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 41 | -21.2% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 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. 78% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Howey-in-the-Hills-Okahumpka in November 2024, down by 21.2% month-over-month. Of the 41 sold homes, 78% were sold under asking, 10% were sold at asking, and 12% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 59 Days | -16.2% |
Summary: Homes in Howey-in-the-Hills-Okahumpka had an average of 59 days on market in Nov 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Howey-in-the-Hills-Okahumpka are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 41 homes were sold in Howey-in-the-Hills-Okahumpka; 41% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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