$4,631 Closing Credit*
$390,000
1,657 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ana Cruz Gonzalez, Listing Office: Fortex Realty Inc
Is Naranja, 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, Naranja was a Seller's Market.
Key Takeaway
Naranja 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 Naranja, FL
How much do homes in Naranja, FL cost?
Median Sold Price
$464,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$44,000(+10.5%)
Key Takeaway
Homes in Naranja have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Naranja was $464,000 in October 2024, up 10.5% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $198K | $180K | -9.1% |
| 3 Bedrooms | $400K | $436K | +9.0% |
| 4 Bedrooms | $490K | $486.2K | -0.8% |
| 5+ Bedrooms | $580K | $630K | +8.6% |
Summary: Naranja 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 decreased by 9.1%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Naranja | $420K | $464K | +10.5% |
| Naranja Gardens | $420K | $440K | +4.8% |
Housing Supply in Naranja, FL
How many homes are available in Naranja, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 131 | 128 | -2.3% |
Summary: The Naranja real estate market had 128 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 56 | 55 | -1.8% |
| 4 Bedrooms | 56 | 53 | -5.4% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Naranja 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 1.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Naranja, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Naranja in October 2024, the same as the previous month. Of the 21 sold homes, 62% were sold under asking, 33% were sold at asking, and 5% were sold over asking.
Days on Market for Naranja, FL
How long does it take to sell a home in Naranja, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 43 Days | +66.3% |
Summary: Homes in Naranja had an average of 43 days on market in Oct 2024, up by 66.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Naranja are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in Naranja; 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.
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