$4,155 Closing Credit*
$349,900
1,214 SqFt
2 Beds
•2 Full Baths
Norman Longfellow, Listing Office: WAVE ELITE REALTY LLC
Is The Villages, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, The Villages has remained a Seller's Market.
Key Takeaway
The Villages is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Villages, FL
How much do homes in The Villages, FL cost?
Median Sold Price
$374,590
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$509(-0.1%)
Key Takeaway
The sold price of homes in The Villages has remained the same since last year.
Summary: The median home sold price in The Villages was $374,590 in November 2024, down 0.1% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $236.8K | $218.4K | -7.8% |
| 2 Bedrooms | $305K | $300K | -1.6% |
| 3 Bedrooms | $416.1K | $413.2K | -0.7% |
| 4 Bedrooms | $870K | $897K | +3.1% |
| 5+ Bedrooms | - | $1.6M | N/A |
Summary: The Villages housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wildwood | $312K | $340K | +9.0% |
| Fruitland Park-Lady Lake | $299K | $320K | +7.0% |
| Lady Lake | $305.9K | $325.6K | +6.5% |
| The Villages | $375.1K | $374.5K | -0.1% |
| Oxford | $369K | $338.5K | -8.3% |
Housing Supply in The Villages, FL
How many homes are available in The Villages, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 434 | 415 | -4.4% |
Summary: The The Villages real estate market had 415 homes for sale in November 2024, a 4.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 124 | 120 | -3.2% |
| 3 Bedrooms | 303 | 288 | -5.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The The Villages housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 73 | -5.2% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Villages, you may be able to get a good deal. 78.1% of homes here sold below asking price last month.
Summary: A total of 73 homes were sold or pending in The Villages in November 2024, down by 5.2% month-over-month. Of the 73 sold homes, 78% were sold under asking, 14% were sold at asking, and 8% were sold over asking.
Days on Market for The Villages, FL
How long does it take to sell a home in The Villages, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 61 Days | +16.7% |
Summary: Homes in The Villages had an average of 61 days on market in Nov 2024, up by 16.7% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in The Villages has remained consistent over time.
Summary: During November 2024, 73 homes were sold in The Villages; 34% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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