$7,066 Closing Credit*
$595,000
2,601 SqFt
4 Beds
•2 Full Baths, 1 Partial
Maureen Nguyen, LLC, Listing Office: REAL BROKER, LLC
Is Minneola, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Minneola was a Seller's Market.
Key Takeaway
Minneola is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Minneola, FL
How much do homes in Minneola, FL cost?
Median Sold Price
$455,135
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,640(+3.6%)
Key Takeaway
Homes in Minneola have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Minneola was $455,135 in October 2024, up 3.6% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $267.5K | +13.8% |
| 3 Bedrooms | $393K | $399.9K | +1.7% |
| 4 Bedrooms | $455K | $499.7K | +9.8% |
| 5+ Bedrooms | $590K | $629.4K | +6.7% |
Summary: Minneola 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 13.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Minneola | $439.4K | $455.1K | +3.6% |
| Clermont | $446.1K | $446.8K | 0.1% |
| Groveland-Mascotte | $380K | $380K | 0.0% |
Housing Supply in Minneola, FL
How many homes are available in Minneola, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 | 80 | -3.6% |
Summary: The Minneola real estate market had 80 homes for sale in October 2024, a 3.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 41 | 42 | +2.4% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Minneola 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 7.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minneola, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Minneola in October 2024, down by 18.8% month-over-month. Of the 13 sold homes, 77% were sold under asking, 8% were sold at asking, and 15% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 39 Days | +26.1% |
Summary: Homes in Minneola had an average of 39 days on market in Oct 2024, up by 26.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Minneola are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Minneola; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.