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 November 2023

At the same time last year, Kissimmee was a Neutral 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

$364,897

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,897(+1.4%)

Key Takeaway

Homes in Kissimmee have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Kissimmee was $364,897 in November 2024, up 1.4% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $179K$165K
-7.8%
2 $279.8K$268.7K
-3.9%
3 $335.1K$344.2K
+2.7%
4 $389.9K$399.9K
+2.6%
5+ $615K$570.7K
-7.2%

Summary: Kissimmee housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Cities

Southwest Orange
+4.8%
Kissimmee
+1.4%

Housing Supply in Kissimmee, FL

How many homes are available in Kissimmee, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3,6103,685+2.1%

Summary: The Kissimmee real estate market had 3,685 homes for sale in November 2024, a 2.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 7284
+16.7%
2 383392
+2.3%
3 1,3671,352
-1.1%
4 1,0431,075
+3.1%
5+ 745782
+5.0%

Summary: The Kissimmee housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
422392-7.1%

Asking Price vs. Sold Price

226 Homes Were Sold
Under Asking

127 Homes Were Sold
At Asking

39 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. 57.7% of homes here sold below asking price last month.

Summary: A total of 392 homes were sold or pending in Kissimmee in November 2024, down by 7.1% month-over-month. Of the 392 sold homes, 58% were sold under asking, 32% were sold at asking, and 10% 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

Nov 2023Nov 2024CHANGE
49 Days68 Days+38.1%

Summary: Homes in Kissimmee had an average of 68 days on market in Nov 2024, up by 38.1% compared to last year.

Breakdown of Home Sale Times

164 Homes Were Sold
Under 30 Days

122 Homes Were Sold
In 30 - 90 Days

105 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 392 homes were sold in Kissimmee; 42% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 27% 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 17 Days Ago

Newest Listings in Kissimmee, FL

Nearby Markets to Kissimmee, FL

What housing markets are near Kissimmee, FL?