Is Spring Oaks, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Oaks is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Spring Oaks was a Seller's Market.

Key Takeaway

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

Housing Prices in Spring Oaks, FL

How much do homes in Spring Oaks, FL cost?

Median Sold Price

$215,250

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$157,250(-42.2%)

Key Takeaway

Homes in Spring Oaks have sold for 42.2% less than they did a year ago.

Summary: The median home sold price in Spring Oaks was $215,250 in November 2024, down 42.2% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$130K
N/A
2 $214K$170K
-20.6%
3 $237K$218K
-8.0%
4 $435K$460K
+5.7%
5+ $445K$479.7K
+7.8%

Summary: Spring Oaks housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.6%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Neighborhoods

Hidden Springs
-6.7%
Spring Oaks
-42.2%

Housing Supply in Spring Oaks, FL

How many homes are available in Spring Oaks, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2326+13.0%

Summary: The Spring Oaks real estate market had 26 homes for sale in November 2024, a 13.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 913
+44.4%
4 76
-14.3%
5+ 22
0.0%

Summary: The Spring Oaks 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 remained the same, 3 bedroom homes increased by 44.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spring Oaks, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Spring Oaks in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Spring Oaks, FL

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Spring Oaks; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Spring Oaks, FL

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