Is Ocala Park Estates, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ocala Park Estates is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Ocala Park Estates was a Seller's Market.

Key Takeaway

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

Housing Prices in Ocala Park Estates, FL

How much do homes in Ocala Park Estates, FL cost?

Median Sold Price

$235,450

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,400(+1.9%)

Key Takeaway

Homes in Ocala Park Estates have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Ocala Park Estates was $235,450 in October 2024, up 1.9% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $174.7K$165K
-5.6%
3 $234.5K$236.5K
+0.9%
4 $260K$282.4K
+8.6%
5+ -$518.5K
N/A

Summary: Ocala Park Estates 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 5.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes did not change.

Housing Supply in Ocala Park Estates, FL

How many homes are available in Ocala Park Estates, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3635-2.8%

Summary: The Ocala Park Estates real estate market had 35 homes for sale in October 2024, a 2.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 3431
-8.8%
4 00
0.0%
5+ 01
+100.0%

Summary: The Ocala Park Estates 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 increased by 100%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ocala Park Estates, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ocala Park Estates in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Ocala Park Estates, FL

How long does it take to sell a home in Ocala Park Estates, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days50 Days+246.4%

Summary: Homes in Ocala Park Estates had an average of 50 days on market in Oct 2024, up by 246.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ocala Park Estates are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Ocala Park Estates; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 13 Days Ago

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