Is Victoria Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victoria Park is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Victoria Park has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Victoria Park, FL

How much do homes in Victoria Park, FL cost?

Median Sold Price

$915,000

$435/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$142,900(+18.5%)

Key Takeaway

Homes in Victoria Park have sold for 18.5% more than they did a year ago.

Summary: The median home sold price in Victoria Park was $915,000 in October 2024, up 18.5% from last year, and the median price per square foot was $435.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $212.5K$277K
+30.4%
2 $461.2K$495K
+7.3%
3 $850K$940K
+10.6%
4 $1.6M$2.3M
+47.0%
5+ --
N/A

Summary: Victoria Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.4%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 47%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Victoria Park
+18.5%
Lake Ridge
+2.4%

Housing Supply in Victoria Park, FL

How many homes are available in Victoria Park, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4862+29.2%

Summary: The Victoria Park real estate market had 62 homes for sale in October 2024, a 29.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 47
+75.0%
2 76
-14.3%
3 2332
+39.1%
4 1214
+16.7%
5+ 23
+50.0%

Summary: The Victoria Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 39.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victoria Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Victoria Park in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Victoria Park, FL

How long does it take to sell a home in Victoria Park, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days67 Days+17.1%

Summary: Homes in Victoria Park had an average of 67 days on market in Oct 2024, up by 17.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Victoria Park; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 23 Days Ago

Newest Listings in Victoria Park, FL

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