Is South Apopka, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Apopka is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in South Apopka, FL

How much do homes in South Apopka, FL cost?

Median Sold Price

$340,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,000(+3.3%)

Key Takeaway

Homes in South Apopka have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in South Apopka was $340,000 in October 2024, up 3.3% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $274K$132K
-51.8%
3 $325.2K$340K
+4.5%
4 $359K$367.5K
+2.4%
5+ $316.5K$346.2K
+9.4%

Summary: South Apopka housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 9.4%.

Housing Supply in South Apopka, FL

How many homes are available in South Apopka, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4243+2.4%

Summary: The South Apopka real estate market had 43 homes for sale in October 2024, a 2.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 3433
-2.9%
4 44
0.0%
5+ 11
0.0%

Summary: The South Apopka 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 increased by 66.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Apopka, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in South Apopka in October 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for South Apopka, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days12 Days-62.0%

Summary: Homes in South Apopka had an average of 12 days on market in Oct 2024, down by 62% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in South Apopka; 83% of homes were sold within 30 days, 17% 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 14 Days Ago

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