$10,000 Closing Credit*
$1,195,000
3,692 SqFt
5 Beds
•3 Full Baths, 1 Partial
Valerie Jarnberg, Listing Office: EXP REALTY LLC
Is Odessa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Odessa was a Seller's Market.
Key Takeaway
Odessa 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 Odessa, FL
How much do homes in Odessa, FL cost?
Median Sold Price
$680,000
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$19,966(-2.9%)
Key Takeaway
Homes in Odessa have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Odessa was $680,000 in October 2024, down 2.9% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $217.5K | -48.8% |
| 2 Bedrooms | $405K | $279.9K | -30.9% |
| 3 Bedrooms | $549K | $529K | -3.6% |
| 4 Bedrooms | $729K | $725K | -0.5% |
| 5+ Bedrooms | $999.9K | $1.0M | +5.0% |
Summary: Odessa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.8%, 2 bedroom homes decreased by 30.9%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
| Keystone-Citrus Park | $486.8K | $509.9K | +4.8% |
| Lutz | $479.4K | $500K | +4.3% |
| Odessa | $699.9K | $680K | -2.9% |
| Land O Lakes | $424.9K | $409.9K | -3.5% |
Housing Supply in Odessa, FL
How many homes are available in Odessa, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 235 | 217 | -7.7% |
Summary: The Odessa real estate market had 217 homes for sale in October 2024, a 7.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 77 | 75 | -2.6% |
| 4 Bedrooms | 101 | 92 | -8.9% |
| 5+ Bedrooms | 47 | 41 | -12.8% |
Summary: The Odessa 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 decreased by 10%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 12.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 32 | -22.0% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Odessa, you may be able to get a good deal. 81.3% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Odessa in October 2024, down by 22.0% month-over-month. Of the 32 sold homes, 81% were sold under asking, 16% were sold at asking, and 3% were sold over asking.
Days on Market for Odessa, FL
How long does it take to sell a home in Odessa, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 54 Days | +30.3% |
Summary: Homes in Odessa had an average of 54 days on market in Oct 2024, up by 30.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Odessa are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in Odessa; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
The information contained herein has been provided by by Hernando County Association of REALTORS®. This information is from sources deemed reliable but not guaranteed. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. The information contained in this web site is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the owner of this site disclaims any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. This includes but is not limited to information provided by any third party which is accessed through this site via a hyperlink. Those persons who access this information assume full responsibility for the use of said information and understand and agree that the owner of this site named above not responsible or liable for any claim, loss or damage arising from the use of any information contained in this site. Any reference to specific products, companies or services does not necessarily constitute or imply recommendation or endorsement by the owner of this site.