Is Winter Haven, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winter Haven is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Winter Haven was a Seller's Market.

Key Takeaway

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

Housing Prices in Winter Haven, FL

How much do homes in Winter Haven, FL cost?

Median Sold Price

$300,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,982(-1.6%)

Key Takeaway

Homes in Winter Haven have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Winter Haven was $300,000 in October 2024, down 1.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $105K$109K
+3.8%
2 $187K$197K
+5.3%
3 $295K$292.3K
-0.9%
4 $337.7K$335K
-0.8%
5+ $380.4K$388K
+2.0%

Summary: Winter Haven housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Cities

Lake Alfred
+18.1%
Winter Haven-Auburndale
-1.2%
Winter Haven
-1.6%
Dundee
-3.4%

Housing Supply in Winter Haven, FL

How many homes are available in Winter Haven, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
904916+1.3%

Summary: The Winter Haven real estate market had 916 homes for sale in October 2024, a 1.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1415
+7.1%
2 128135
+5.5%
3 419419
0.0%
4 287287
0.0%
5+ 5660
+7.1%

Summary: The Winter Haven housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 5.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
104125+20.2%

Asking Price vs. Sold Price

66 Homes Were Sold
Under Asking

44 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winter Haven, you may be able to get a good deal. 52.8% of homes here sold below asking price last month.

Summary: A total of 125 homes were sold or pending in Winter Haven in October 2024, up by 20.2% month-over-month. Of the 125 sold homes, 53% were sold under asking, 35% were sold at asking, and 12% were sold over asking.

Days on Market for Winter Haven, FL

How long does it take to sell a home in Winter Haven, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days55 Days+43.4%

Summary: Homes in Winter Haven had an average of 55 days on market in Oct 2024, up by 43.4% compared to last year.

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

29 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 125 homes were sold in Winter Haven; 47% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 23% 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 16 Days Ago

Newest Listings in Winter Haven, FL

Nearby Markets to Winter Haven, FL

What housing markets are near Winter Haven, FL?