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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oriole is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Oriole is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Oriole, FL

How much do homes in Oriole, FL cost?

Median Sold Price

$479,950

$311/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,000(+8.8%)

Key Takeaway

Homes in Oriole have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Oriole was $479,950 in October 2024, up 8.8% from last year, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $112K$129.9K
+16.0%
2 $182K$198K
+8.8%
3 $480K$494.5K
+3.0%
4 $509K$505K
-0.8%
5+ $475.9K-
N/A

Summary: Oriole housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Oriole
+8.8%
Paradise Gardens
+3.1%
Oriole Golf and Tennis Club
-10.9%

Housing Supply in Oriole, FL

How many homes are available in Oriole, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
19190.0%

Summary: The Oriole real estate market had 19 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 55
0.0%
3 87
-12.5%
4 12
+100.0%
5+ 11
0.0%

Summary: The Oriole 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oriole, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Oriole in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Oriole, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days3 Days-71.0%

Summary: Homes in Oriole had an average of 3 days on market in Oct 2024, down by 71% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Oriole; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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