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 neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Victoria Park was a Seller's Market.

Key Takeaway

Victoria 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 Victoria Park, FL

How much do homes in Victoria Park, FL cost?

Median Sold Price

$402,500

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$2,500(+0.6%)

Key Takeaway

Homes in Victoria Park have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Victoria Park was $402,500 in December 2024, up 0.6% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $368.9K$364.9K
-1.1%
3 $405K$395K
-2.5%
4 $450K$550K
+22.2%
5+ $499K$499.9K
0.2%

Summary: Victoria Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 0.2%.

Housing Supply in Victoria Park, FL

How many homes are available in Victoria Park, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4543-4.4%

Summary: The Victoria Park real estate market had 43 homes for sale in December 2024, a 4.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 2628
+7.7%
4 106
-40.0%
5+ 43
-25.0%

Summary: The Victoria Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

6 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 Victoria Park, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Victoria Park in December 2024, down by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% 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

Dec 2023Dec 2024CHANGE
82 Days132 Days+61.6%

Summary: Homes in Victoria Park had an average of 132 days on market in Dec 2024, up by 61.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Victoria Park are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 7 homes were sold in Victoria Park; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% 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 2 Days Ago

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