Is Old Seminole Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Seminole Heights is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Old Seminole Heights was a Seller's Market.

Key Takeaway

Old Seminole Heights 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 Old Seminole Heights, FL

How much do homes in Old Seminole Heights, FL cost?

Median Sold Price

$420,000

$312/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,000(+0.2%)

Key Takeaway

The sold price of homes in Old Seminole Heights has remained the same since last year.

Summary: The median home sold price in Old Seminole Heights was $420,000 in October 2024, up 0.2% from last year, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $249.9K$267.5K
+7.0%
2 $329K$315K
-4.3%
3 $437.5K$425K
-2.9%
4 $517K$525K
+1.5%
5+ $475K$597.5K
+25.8%

Summary: Old Seminole Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 25.8%.

Median Sold Price Compared To Nearby Neighborhoods

Southeast Seminole Heights
+8.3%
Sulphur Springs
+7.1%
Old Seminole Heights
0.2%

Housing Supply in Old Seminole Heights, FL

How many homes are available in Old Seminole Heights, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
124123-0.8%

Summary: The Old Seminole Heights real estate market had 123 homes for sale in October 2024, a 0.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2223
+4.5%
3 7677
+1.3%
4 2019
-5.0%
5+ 64
-33.3%

Summary: The Old Seminole Heights 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 4.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2120-4.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Old Seminole Heights, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Old Seminole Heights in October 2024, down by 4.8% month-over-month. Of the 20 sold homes, 75% were sold under asking, 15% were sold at asking, and 10% were sold over asking.

Days on Market for Old Seminole Heights, FL

How long does it take to sell a home in Old Seminole Heights, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days61 Days+94.3%

Summary: Homes in Old Seminole Heights had an average of 61 days on market in Oct 2024, up by 94.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Old Seminole Heights are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in Old Seminole Heights; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 30% 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 16 Days Ago

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