Is Oak Run, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oak Run is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Oak Run was a Seller's Market.

Key Takeaway

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

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 November 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 November 2024, the same as last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $80K-
N/A
2 $198K$200K
+1.0%
3 $254.9K$252.5K
-1.0%
4 $305.9K-
N/A
5+ --
N/A

Summary: Oak Run 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 1%, 3 bedroom homes decreased by 1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Oak Run
0.0%
Palm Cay
-7.3%

Housing Supply in Oak Run, FL

How many homes are available in Oak Run, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
45450.0%

Summary: The Oak Run real estate market had 45 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3632
-11.1%
3 812
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Oak Run 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 decreased by 11.1%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
114-63.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oak Run, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Oak Run in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
13 Days9 Days-31.7%

Summary: Homes in Oak Run had an average of 9 days on market in Nov 2024, down by 31.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Oak Run; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

Newest Listings in Oak Run, FL

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