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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Helen is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Lake Helen has remained a Seller's Market.

Key Takeaway

Lake Helen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lake Helen, FL

How much do homes in Lake Helen, FL cost?

Median Sold Price

$359,500

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$43,500(-10.8%)

Key Takeaway

Homes in Lake Helen have sold for 10.8% less than they did a year ago.

Summary: The median home sold price in Lake Helen was $359,500 in October 2024, down 10.8% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $230K$277.4K
+20.6%
3 $400K$315K
-21.3%
4 $592.5K$530K
-10.5%
5+ $535K$670K
+25.2%

Summary: Lake Helen 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 increased by 20.6%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 25.2%.

Housing Supply in Lake Helen, FL

How many homes are available in Lake Helen, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2320-13.0%

Summary: The Lake Helen real estate market had 20 homes for sale in October 2024, a 13.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1211
-8.3%
4 76
-14.3%
5+ 21
-50.0%

Summary: The Lake Helen 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 remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Helen, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Lake Helen in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Lake Helen, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
78 Days58 Days-25.8%

Summary: Homes in Lake Helen had an average of 58 days on market in Oct 2024, down by 25.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Lake Helen; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

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