$4,750 Closing Credit*
$400,000
2,446 SqFt
3 Beds
•3 Full Baths, 1 Partial
ASHLEY WILKINSON, Listing Office: GW FLORIDA REAL ESTATE
Is Orange Park, 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, Orange Park was a Seller's Market.
Key Takeaway
Orange Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Orange Park, FL
How much do homes in Orange Park, FL cost?
Median Sold Price
$326,714
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,855(+0.6%)
Key Takeaway
Homes in Orange Park have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Orange Park was $326,714 in October 2024, up 0.6% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132K | $141K | +6.8% |
| 2 Bedrooms | $215.9K | $197K | -8.8% |
| 3 Bedrooms | $283.3K | $280K | -1.2% |
| 4 Bedrooms | $375K | $382.4K | +2.0% |
| 5+ Bedrooms | $467K | $500K | +7.1% |
Summary: Orange Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Jacksonville East | $337.9K | $360K | +6.5% |
| Fleming Island | $435K | $450K | +3.4% |
| Jacksonville | $299.2K | $308.1K | +3.0% |
| Jacksonville West | $244.8K | $247.6K | +1.2% |
| Orange Park | $324.8K | $326.7K | +0.6% |
Housing Supply in Orange Park, FL
How many homes are available in Orange Park, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 519 | 529 | +1.9% |
Summary: The Orange Park real estate market had 529 homes for sale in October 2024, a 1.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 47 | 48 | +2.1% |
| 3 Bedrooms | 212 | 218 | +2.8% |
| 4 Bedrooms | 205 | 205 | 0.0% |
| 5+ Bedrooms | 53 | 55 | +3.8% |
Summary: The Orange Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 3.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 74 | -3.9% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange Park, you may be able to get a good deal. 60.8% of homes here sold below asking price last month.
Summary: A total of 74 homes were sold or pending in Orange Park in October 2024, down by 3.9% month-over-month. Of the 74 sold homes, 61% were sold under asking, 27% were sold at asking, and 12% were sold over asking.
Days on Market for Orange Park, FL
How long does it take to sell a home in Orange Park, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 55 Days | -6.0% |
Summary: Homes in Orange Park had an average of 55 days on market in Oct 2024, down by 6% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orange Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 74 homes were sold in Orange Park; 41% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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