$6,650 Closing Credit*
$560,000
2,064 SqFt
3 Beds
•2 Full Baths
Sheryl Manche, Listing Office: KELLER WILLIAMS HERITAGE REALTY
Is Umatilla, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Umatilla has remained a Seller's Market.
Key Takeaway
Umatilla is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Umatilla, FL
How much do homes in Umatilla, FL cost?
Median Sold Price
$299,500
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,750(+5.9%)
Key Takeaway
Homes in Umatilla have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Umatilla was $299,500 in October 2024, up 5.9% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | $557.5K | +674.3% |
| 2 Bedrooms | $120K | $225K | +87.5% |
| 3 Bedrooms | $296K | $285K | -3.7% |
| 4 Bedrooms | $324.9K | $359K | +10.5% |
| 5+ Bedrooms | $672.5K | $579K | -13.9% |
Summary: Umatilla housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 674.3%, 2 bedroom homes increased by 87.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 13.9%.
Median Sold Price Compared To Nearby Cities
| Altoona | $236.7K | $255K | +7.7% |
| Umatilla | $282.7K | $299.5K | +5.9% |
| Umatilla | $285K | $297K | +4.2% |
| Grand Island | $320K | $329K | +2.8% |
| Leesburg East | $313.5K | $310.7K | -0.9% |
Housing Supply in Umatilla, FL
How many homes are available in Umatilla, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 | 75 | -6.3% |
Summary: The Umatilla real estate market had 75 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 34 | 32 | -5.9% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Umatilla 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 decreased by 6.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Umatilla, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Umatilla in October 2024, up by 54.5% month-over-month. Of the 17 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% were sold over asking.
Days on Market for Umatilla, FL
How long does it take to sell a home in Umatilla, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 40 Days | +4.9% |
Summary: Homes in Umatilla had an average of 40 days on market in Oct 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Umatilla are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Umatilla; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.