Is Winter Garden-Ocoee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winter Garden-Ocoee is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Winter Garden-Ocoee has remained a Seller's Market.

Key Takeaway

Winter Garden-Ocoee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winter Garden-Ocoee, FL

How much do homes in Winter Garden-Ocoee, FL cost?

Median Sold Price

$412,053

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,170(+0.5%)

Key Takeaway

Homes in Winter Garden-Ocoee have sold for 0.5% more than they did a year ago.

Summary: The median home sold price in Winter Garden-Ocoee was $412,053 in November 2024, up 0.5% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $177.5K$195K
+9.9%
2 $222.8K$230K
+3.2%
3 $375K$379.6K
+1.2%
4 $520K$499.3K
-4.0%
5+ $695K$745K
+7.2%

Summary: Winter Garden-Ocoee housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Cities

Ocoee
+7.0%
Oakland
+5.5%
Southwest Orange
+4.8%
Winter Garden
+1.1%
Winter Garden-Ocoee
0.5%

Housing Supply in Winter Garden-Ocoee, FL

How many homes are available in Winter Garden-Ocoee, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
368347-5.7%

Summary: The Winter Garden-Ocoee real estate market had 347 homes for sale in November 2024, a 5.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 3427
-20.6%
3 166155
-6.6%
4 119118
-0.8%
5+ 4845
-6.3%

Summary: The Winter Garden-Ocoee housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20.6%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7264-11.1%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winter Garden-Ocoee, you may be able to get a good deal. 71.9% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in Winter Garden-Ocoee in November 2024, down by 11.1% month-over-month. Of the 64 sold homes, 72% were sold under asking, 16% were sold at asking, and 13% were sold over asking.

Days on Market for Winter Garden-Ocoee, FL

How long does it take to sell a home in Winter Garden-Ocoee, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days47 Days+88.7%

Summary: Homes in Winter Garden-Ocoee had an average of 47 days on market in Nov 2024, up by 88.7% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winter Garden-Ocoee are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 64 homes were sold in Winter Garden-Ocoee; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% 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 22 Days Ago

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