Is Ortona Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ortona Park is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Ortona Park has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Ortona Park, FL

How much do homes in Ortona Park, FL cost?

Median Sold Price

$92,500

$215/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$32,500(-26.0%)

Key Takeaway

Homes in Ortona Park have sold for 26% less than they did a month ago.

Summary: The median home sold price in Ortona Park was $92,500 in October 2024, down 26% from last month, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $125K$92.5K
-26.0%
2 --
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Ortona Park housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ortona Park, FL

How many homes are available in Ortona Park, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2627+3.8%

Summary: The Ortona Park real estate market had 27 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1817
-5.6%
2 44
0.0%
3 13
+200.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Ortona Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.6%, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ortona Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Ortona Park in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ortona Park, FL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
362 Days147 Days-59.4%

Summary: Homes in Ortona Park had an average of 147 days on market in Oct 2024, down by 59.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Ortona Park are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Ortona Park; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

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