$7,124 Closing Credit*
$599,900
1,600 SqFt
2 Beds
•2 Full Baths
Maria Vega, Listing Office: THE EXPERTS TEAM REALTY INC
Is South Eola, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, South Eola was a Seller's Market.
Key Takeaway
South Eola is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Eola, FL
How much do homes in South Eola, FL cost?
Median Sold Price
$510,000
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$95,000(+22.9%)
Key Takeaway
Homes in South Eola have sold for 22.9% more than they did a year ago.
Summary: The median home sold price in South Eola was $510,000 in October 2024, up 22.9% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $230K | -20.7% |
| 2 Bedrooms | $512.5K | $515K | 0.5% |
| 3 Bedrooms | $852.5K | $848.5K | -0.5% |
| 4 Bedrooms | $820K | - | N/A |
| 5+ Bedrooms | $2.6M | - | N/A |
Summary: South Eola housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.7%, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in South Eola, FL
How many homes are available in South Eola, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 28 | +16.7% |
Summary: The South Eola real estate market had 28 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Eola 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 7.7%, 3 bedroom homes increased by 150%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -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
Key Takeaway
If you're buying a home in South Eola, 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 South Eola 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 South Eola, FL
How long does it take to sell a home in South Eola, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 51 Days | +15.0% |
Summary: Homes in South Eola had an average of 51 days on market in Oct 2024, up by 15% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Eola has remained consistent over time.
Summary: During October 2024, 1 homes were sold in South Eola; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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