Is Mount Dora, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Dora is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mount Dora was a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Dora, FL

How much do homes in Mount Dora, FL cost?

Median Sold Price

$403,500

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,500(+0.9%)

Key Takeaway

Homes in Mount Dora have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Mount Dora was $403,500 in November 2024, up 0.9% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $257K$82K
-68.1%
2 $297K$300K
+1.0%
3 $373.4K$379.9K
+1.7%
4 $470K$454.2K
-3.4%
5+ $553.2K$570K
+3.0%

Summary: Mount Dora housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.1%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Cities

Eustis
+4.6%
Mount Dora
+0.9%

Housing Supply in Mount Dora, FL

How many homes are available in Mount Dora, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2922920.0%

Summary: The Mount Dora real estate market had 292 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 4147
+14.6%
3 129128
-0.8%
4 9388
-5.4%
5+ 2726
-3.7%

Summary: The Mount Dora housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 3.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3741+10.8%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Dora, you may be able to get a good deal. 75.6% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Mount Dora in November 2024, up by 10.8% month-over-month. Of the 41 sold homes, 76% were sold under asking, 22% were sold at asking, and 2% were sold over asking.

Days on Market for Mount Dora, FL

How long does it take to sell a home in Mount Dora, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days72 Days+105.3%

Summary: Homes in Mount Dora had an average of 72 days on market in Nov 2024, up by 105.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 41 homes were sold in Mount Dora; 37% of homes were sold within 30 days, 37% 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 20 Days Ago

Newest Listings in Mount Dora, FL

Nearby Markets to Mount Dora, FL

What housing markets are near Mount Dora, FL?