$35,000
0.31 Acres
Land
Kevin McCutcheon, Listing Office: COLDWELL BANKER RESIDENTIAL RE
Is Ocklawaha, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Ocklawaha was a Neutral Market.
Key Takeaway
Ocklawaha is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ocklawaha, FL
How much do homes in Ocklawaha, FL cost?
Median Sold Price
$243,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+2.1%)
Key Takeaway
Homes in Ocklawaha have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Ocklawaha was $243,000 in November 2024, up 2.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $95K | -5.0% |
| 2 Bedrooms | $148.5K | $112.5K | -24.2% |
| 3 Bedrooms | $243.5K | $245K | +0.6% |
| 4 Bedrooms | $269.9K | $288.7K | +7.0% |
| 5+ Bedrooms | $423K | $360K | -14.9% |
Summary: Ocklawaha housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes decreased by 24.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 14.9%.
Median Sold Price Compared To Nearby Cities
| Umatilla | $282.7K | $309K | +9.3% |
| Summerfield | $271.3K | $280.1K | +3.3% |
| Ocklawaha | $238K | $243K | +2.1% |
| Silver Springs | $184K | $186K | +1.1% |
Housing Supply in Ocklawaha, FL
How many homes are available in Ocklawaha, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 149 | 153 | +2.7% |
Summary: The Ocklawaha real estate market had 153 homes for sale in November 2024, a 2.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 111 | 111 | 0.0% |
| 4 Bedrooms | 20 | 26 | +30.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Ocklawaha 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 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocklawaha, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Ocklawaha in November 2024, the same as the previous month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Ocklawaha, FL
How long does it take to sell a home in Ocklawaha, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 41 Days | -24.0% |
Summary: Homes in Ocklawaha had an average of 41 days on market in Nov 2024, down by 24% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ocklawaha are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Ocklawaha; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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