Is Kissimmee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kissimmee is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Kissimmee, FL

How much do homes in Kissimmee, FL cost?

Median Sold Price

$365,302

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,308(+1.5%)

Key Takeaway

Homes in Kissimmee have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Kissimmee was $365,302 in October 2024, up 1.5% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $181K$165K
-8.8%
2 $275.7K$269.9K
-2.1%
3 $334.5K$345K
+3.1%
4 $390K$399.9K
+2.6%
5+ $620K$572.5K
-7.7%

Summary: Kissimmee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 7.7%.

Median Sold Price Compared To Nearby Cities

Southwest Orange
+5.6%
Kissimmee
+1.5%

Housing Supply in Kissimmee, FL

How many homes are available in Kissimmee, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3,6413,621-0.5%

Summary: The Kissimmee real estate market had 3,621 homes for sale in October 2024, a 0.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 6079
+31.7%
2 403393
-2.5%
3 1,3671,356
-0.8%
4 1,0451,025
-1.9%
5+ 766768
0.3%

Summary: The Kissimmee housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 31.7%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 0.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
490385-21.4%

Asking Price vs. Sold Price

250 Homes Were Sold
Under Asking

93 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kissimmee, you may be able to get a good deal. 64.9% of homes here sold below asking price last month.

Summary: A total of 385 homes were sold or pending in Kissimmee in October 2024, down by 21.4% month-over-month. Of the 385 sold homes, 65% were sold under asking, 24% were sold at asking, and 11% were sold over asking.

Days on Market for Kissimmee, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days76 Days+64.2%

Summary: Homes in Kissimmee had an average of 76 days on market in Oct 2024, up by 64.2% compared to last year.

Breakdown of Home Sale Times

132 Homes Were Sold
Under 30 Days

139 Homes Were Sold
In 30 - 90 Days

114 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kissimmee has remained consistent over time.

Summary: During October 2024, 385 homes were sold in Kissimmee; 34% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 30% 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 16 Days Ago

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