$3,978 Closing Credit*
$335,000
1,281 SqFt
3 Beds
•2 Full Baths
Tommy Mydlo, II, Listing Office: DENIZ REALTY PARTNERS LLC
Is Minneola, 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, Minneola was a Seller's Market.
Key Takeaway
Minneola is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Minneola, FL
How much do homes in Minneola, FL cost?
Median Sold Price
$457,993
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,498(+4.2%)
Key Takeaway
Homes in Minneola have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Minneola was $457,993 in November 2024, up 4.2% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $181K | $267.5K | +47.8% |
| 3 Bedrooms | $394.9K | $398.5K | +0.9% |
| 4 Bedrooms | $460K | $499.9K | +8.7% |
| 5+ Bedrooms | $590.4K | $627K | +6.2% |
Summary: Minneola 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 47.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Minneola | $439.4K | $457.9K | +4.2% |
| Clermont | $447.1K | $448.4K | 0.3% |
| Groveland-Mascotte | $380K | $379.9K | 0% |
Housing Supply in Minneola, FL
How many homes are available in Minneola, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 78 | -6.0% |
Summary: The Minneola real estate market had 78 homes for sale in November 2024, a 6.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 27 | 29 | +7.4% |
| 4 Bedrooms | 45 | 36 | -20.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Minneola 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 remained the same, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 7 | -53.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minneola, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Minneola in November 2024, down by 53.3% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Minneola, FL
How long does it take to sell a home in Minneola, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 51 Days | -11.1% |
Summary: Homes in Minneola had an average of 51 days on market in Nov 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Minneola are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Minneola; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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