Is South and East Osceola, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, South and East Osceola has remained a Seller's Market.
Housing Prices in South and East Osceola, FL
How much do homes in South and East Osceola, FL cost?
Median Sold Price
$388,750
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South and East Osceola was $388,750 in May 2024, down 7.2% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $219K | $125K | -42.9% |
2 Bedrooms | $260K | $290K | +11.5% |
3 Bedrooms | $380K | $352.9K | -7.1% |
4 Bedrooms | $427.9K | $435.4K | +1.7% |
5+ Bedrooms | $492.9K | $515K | +4.5% |
Summary: South and East Osceola housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
West Brevard | $516.4K | $564.3K | +9.3% |
East Orange | $523.8K | $525.7K | 0.4% |
Cocoa-Rockledge | $348.9K | $349.6K | 0.2% |
South and East Osceola | $419K | $388.7K | -7.2% |
Housing Supply in South and East Osceola, FL
How many homes are available in South and East Osceola, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
168 | 191 | +13.7% |
Summary: The South and East Osceola real estate market had 191 homes for sale in May 2024, a 13.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 78 | 89 | +14.1% |
4 Bedrooms | 62 | 73 | +17.7% |
5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The South and East Osceola housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 40 | +73.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in South and East Osceola in May 2024, up by 73.9% month-over-month. Of the 40 sold homes, 38% were sold under asking, 53% were sold at asking, and 10% were sold over asking.
Days on Market for South and East Osceola, FL
How long does it take to sell a home in South and East Osceola, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 60 Days | +8.3% |
Summary: Homes in South and East Osceola had an average of 60 days on market in May 2024, up by 8.3% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 40 homes were sold in South and East Osceola; 63% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.