$7,707 Closing Credit*
$649,000
2,907 SqFt
4 Beds
•3 Full Baths, 1 Partial
David Woolford, Listing Office: CHARLES RUTENBERG REALTY ORLANDO
Is Ocoee, 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, Ocoee was a Seller's Market.
Key Takeaway
Ocoee 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 Ocoee, FL
How much do homes in Ocoee, FL cost?
Median Sold Price
$449,996
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,496(+7.0%)
Key Takeaway
Homes in Ocoee have sold for 7% more than they did a year ago.
Summary: The median home sold price in Ocoee was $449,996 in November 2024, up 7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $203.5K | +4.4% |
| 2 Bedrooms | $225K | $232.5K | +3.3% |
| 3 Bedrooms | $380K | $396K | +4.2% |
| 4 Bedrooms | $500K | $490K | -2.0% |
| 5+ Bedrooms | $595K | $575K | -3.4% |
Summary: Ocoee housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Ocoee | $420.5K | $449.9K | +7.0% |
| Southwest Orange | $524.6K | $549.9K | +4.8% |
| Apopka | $402K | $410.6K | +2.1% |
| Winter Garden | $564.5K | $570.6K | +1.1% |
| Winter Garden-Ocoee | $409.8K | $412K | 0.5% |
Housing Supply in Ocoee, FL
How many homes are available in Ocoee, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 215 | 203 | -5.6% |
Summary: The Ocoee real estate market had 203 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 80 | 77 | -3.8% |
| 4 Bedrooms | 83 | 76 | -8.4% |
| 5+ Bedrooms | 40 | 40 | 0.0% |
Summary: The Ocoee 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 16.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 32 | -33.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocoee, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Ocoee in November 2024, down by 33.3% month-over-month. Of the 32 sold homes, 56% were sold under asking, 28% were sold at asking, and 16% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 44 Days | +60.0% |
Summary: Homes in Ocoee had an average of 44 days on market in Nov 2024, up by 60% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 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 November 2024, 32 homes were sold in Ocoee; 50% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.