Is Oldsmar, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oldsmar is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Oldsmar was a Seller's Market.

Key Takeaway

Oldsmar 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 Oldsmar, FL

How much do homes in Oldsmar, FL cost?

Median Sold Price

$400,400

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,500(+6.2%)

Key Takeaway

Homes in Oldsmar have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Oldsmar was $400,400 in November 2024, up 6.2% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $174K$175K
+0.6%
2 $250K$253.7K
+1.5%
3 $430K$437K
+1.6%
4 $630K$745K
+18.3%
5+ $954.5K$1.1M
+20.5%

Summary: Oldsmar housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 20.5%.

Median Sold Price Compared To Nearby Cities

Safety Harbor
+21.1%
Palm Harbor
+7.1%
Oldsmar
+6.2%
Keystone-Citrus Park
+4.3%

Housing Supply in Oldsmar, FL

How many homes are available in Oldsmar, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
155183+18.1%

Summary: The Oldsmar real estate market had 183 homes for sale in November 2024, a 18.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 5472
+33.3%
3 6970
+1.4%
4 2229
+31.8%
5+ 79
+28.6%

Summary: The Oldsmar 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 increased by 33.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1927+42.1%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oldsmar, you may be able to get a good deal. 85.2% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Oldsmar in November 2024, up by 42.1% month-over-month. Of the 27 sold homes, 85% were sold under asking, 11% were sold at asking, and 4% were sold over asking.

Days on Market for Oldsmar, FL

How long does it take to sell a home in Oldsmar, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days61 Days+58.1%

Summary: Homes in Oldsmar had an average of 61 days on market in Nov 2024, up by 58.1% compared to last year.

Breakdown of Home Sale Times

14 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 Oldsmar are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 27 homes were sold in Oldsmar; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

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