Is Oakwood Gardens, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakwood Gardens is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Oakwood Gardens was a Seller's Market.

Key Takeaway

Oakwood Gardens 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 Oakwood Gardens, FL

How much do homes in Oakwood Gardens, FL cost?

Median Sold Price

$400,000

$293/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$100,000(+33.3%)

Key Takeaway

Homes in Oakwood Gardens have sold for 33.3% more than they did a month ago.

Summary: The median home sold price in Oakwood Gardens was $400,000 in November 2024, up 33.3% from last month, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $295K-
N/A
3 $319K$400K
+25.4%
4 --
N/A
5+ --
N/A

Summary: Oakwood Gardens housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oakwood Gardens, FL

How many homes are available in Oakwood Gardens, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2528+12.0%

Summary: The Oakwood Gardens real estate market had 28 homes for sale in November 2024, a 12.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 1620
+25.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Oakwood Gardens 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 25%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakwood Gardens, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Oakwood Gardens in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Oakwood Gardens, FL

How long does it take to sell a home in Oakwood Gardens, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
82 Days94 Days+14.7%

Summary: Homes in Oakwood Gardens had an average of 94 days on market in Nov 2024, up by 14.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Oakwood Gardens; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

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