$8,016 Closing Credit*
$675,000
3,152 SqFt
5 Beds
•3 Full Baths, 1 Partial
Ken Pozek, Listing Office: KELLER WILLIAMS ELITE PARTNERS III REALTY
Is Ocoee, 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, Ocoee has remained a Seller's Market.
Key Takeaway
Ocoee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ocoee, FL
How much do homes in Ocoee, FL cost?
Median Sold Price
$446,163
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,629(+6.1%)
Key Takeaway
Homes in Ocoee have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Ocoee was $446,163 in October 2024, up 6.1% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $202K | +6.3% |
| 2 Bedrooms | $225K | $230K | +2.2% |
| 3 Bedrooms | $380K | $399.9K | +5.3% |
| 4 Bedrooms | $500K | $490K | -2.0% |
| 5+ Bedrooms | $595K | $581.5K | -2.3% |
Summary: Ocoee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Ocoee | $420.5K | $446.1K | +6.1% |
| Southwest Orange | $520.9K | $549.9K | +5.6% |
| Apopka | $402K | $410.3K | +2.1% |
| Winter Garden | $565.6K | $570.4K | +0.8% |
| Winter Garden-Ocoee | $410K | $410K | 0.0% |
Housing Supply in Ocoee, FL
How many homes are available in Ocoee, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 232 | 217 | -6.5% |
Summary: The Ocoee real estate market had 217 homes for sale in October 2024, a 6.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 89 | 74 | -16.9% |
| 4 Bedrooms | 89 | 89 | 0.0% |
| 5+ Bedrooms | 39 | 43 | +10.3% |
Summary: The Ocoee housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 16.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 44 | +2.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocoee, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Ocoee in October 2024, up by 2.3% month-over-month. Of the 44 sold homes, 48% were sold under asking, 43% were sold at asking, and 9% were sold over asking.
Days on Market for Ocoee, FL
How long does it take to sell a home in Ocoee, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 36 Days | +58.3% |
Summary: Homes in Ocoee had an average of 36 days on market in Oct 2024, up by 58.3% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ocoee are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 44 homes were sold in Ocoee; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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