$2,351 Closing Credit*
$198,000
1,124 SqFt
3 Beds
•1 Full Bath
DEREK EISENBERG, Listing Office: CONTINENTAL REAL ESTATE GROUP
Is Spring Park, 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, Spring Park was a Seller's Market.
Key Takeaway
Spring Park 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 Spring Park, FL
How much do homes in Spring Park, FL cost?
Median Sold Price
$232,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-6.1%)
Key Takeaway
Homes in Spring Park have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in Spring Park was $232,500 in October 2024, down 6.1% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $204.7K | $199K | -2.8% |
| 3 Bedrooms | $254.5K | $236K | -7.3% |
| 4 Bedrooms | $273K | $250K | -8.4% |
| 5+ Bedrooms | $335K | $415K | +23.9% |
Summary: Spring Park 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 2.8%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 23.9%.
Housing Supply in Spring Park, FL
How many homes are available in Spring Park, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Spring Park real estate market had 21 homes for sale in October 2024, a 8.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Spring Park 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 remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Spring Park in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Spring Park, FL
How long does it take to sell a home in Spring Park, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 25 Days | -46.2% |
Summary: Homes in Spring Park had an average of 25 days on market in Oct 2024, down by 46.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Spring Park has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Spring Park; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
