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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Nona Central is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Lake Nona Central was a Seller's Market.

Key Takeaway

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

Housing Prices in Lake Nona Central, FL

How much do homes in Lake Nona Central, FL cost?

Median Sold Price

$643,500

$284/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$148,550(+30.0%)

Key Takeaway

Homes in Lake Nona Central have sold for 30% more than they did a year ago.

Summary: The median home sold price in Lake Nona Central was $643,500 in November 2024, up 30% from last year, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $435K$475K
+9.2%
3 $475.5K$535K
+12.5%
4 $695K$778.5K
+12.0%
5+ $1.3M$880K
-34.3%

Summary: Lake Nona Central housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 34.3%.

Median Sold Price Compared To Nearby Neighborhoods

VillageWalk at Lake Nona
+33.7%
Lake Nona Central
+30.0%
Lake Nona South
-2.2%

Housing Supply in Lake Nona Central, FL

How many homes are available in Lake Nona Central, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The Lake Nona Central real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 55
0.0%
4 53
-40.0%
5+ 23
+50.0%

Summary: The Lake Nona Central housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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 Nona Central, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Lake Nona Central in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lake Nona Central, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days26 Days-20.2%

Summary: Homes in Lake Nona Central had an average of 26 days on market in Nov 2024, down by 20.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Lake Nona Central; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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