Is South and East Osceola, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South and East Osceola is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, South and East Osceola was a Buyer's Market.

Key Takeaway

South and East Osceola 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 South and East Osceola, FL

How much do homes in South and East Osceola, FL cost?

Median Sold Price

$370,931

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$34,813(-8.6%)

Key Takeaway

Homes in South and East Osceola have sold for 8.6% less than they did a year ago.

Summary: The median home sold price in South and East Osceola was $370,931 in November 2024, down 8.6% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $219K$80K
-63.5%
2 $235K$318.4K
+35.5%
3 $359.9K$334.9K
-6.9%
4 $425.3K$425.1K
0%
5+ $470K$489.9K
+4.3%

Summary: South and East Osceola housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.5%, 2 bedroom homes increased by 35.5%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

West Brevard
+10.6%
Cocoa-Rockledge
+1.5%
East Orange
+1.4%
South and East Osceola
-8.6%

Housing Supply in South and East Osceola, FL

How many homes are available in South and East Osceola, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
167157-6.0%

Summary: The South and East Osceola real estate market had 157 homes for sale in November 2024, a 6.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1613
-18.8%
3 8271
-13.4%
4 6062
+3.3%
5+ 911
+22.2%

Summary: The South and East Osceola 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 decreased by 18.8%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2124+14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South and East Osceola, expect to pay close to the asking price. 70.8% of homes here sold near the asking price last month.

Summary: A total of 24 homes were sold or pending in South and East Osceola in November 2024, up by 14.3% month-over-month. Of the 24 sold homes, 17% were sold under asking, 71% were sold at asking, and 13% 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

Nov 2023Nov 2024CHANGE
37 Days55 Days+49.7%

Summary: Homes in South and East Osceola had an average of 55 days on market in Nov 2024, up by 49.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in South and East Osceola has remained consistent over time.

Summary: During November 2024, 24 homes were sold in South and East Osceola; 33% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 21% 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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