$2,078 Closing Credit*
$175,000
810 SqFt
2 Beds
•1 Full Bath
Jonathan Olivares, Listing Office: LPT REALTY
Is Oak Run, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Oak Run has remained a Seller's Market.
Key Takeaway
Oak Run is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oak Run, FL
How much do homes in Oak Run, FL cost?
Median Sold Price
$205,000
$159/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Oak Run has remained the same since last year.
Summary: The median home sold price in Oak Run was $205,000 in October 2024, the same as last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | - | N/A |
| 2 Bedrooms | $195K | $200K | +2.6% |
| 3 Bedrooms | $254.9K | $255K | 0.0% |
| 4 Bedrooms | $305.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Oak Run 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 2.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Oak Run | $205K | $205K | 0.0% |
| Palm Cay | $185K | $169.5K | -8.4% |
Housing Supply in Oak Run, FL
How many homes are available in Oak Run, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 50 | -5.7% |
Summary: The Oak Run real estate market had 50 homes for sale in October 2024, a 5.7% 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 | 45 | 40 | -11.1% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oak Run 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 decreased by 11.1%, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oak Run, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Oak Run in October 2024, up by 100.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Oak Run, FL
How long does it take to sell a home in Oak Run, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 26 Days | -54.6% |
Summary: Homes in Oak Run had an average of 26 days on market in Oct 2024, down by 54.6% compared to last year.
Breakdown of Home Sale Times
6 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 Oak Run are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Oak Run; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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