$6,294 Closing Credit*
$530,000
2,816 SqFt
6 Beds
•3 Full Baths
Casandra Vann, Listing Office: KELLER WILLIAMS REALTY SMART
Is Wyndham Palms, 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, Wyndham Palms has remained a Buyer's Market.
Key Takeaway
Wyndham Palms is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wyndham Palms, FL
How much do homes in Wyndham Palms, FL cost?
Median Sold Price
$449,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$149,000(+49.7%)
Key Takeaway
Homes in Wyndham Palms have sold for 49.7% more than they did a year ago.
Summary: The median home sold price in Wyndham Palms was $449,000 in October 2024, up 49.7% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $253K | $240K | -5.1% |
| 3 Bedrooms | $287K | $277K | -3.5% |
| 4 Bedrooms | $490K | $481.5K | -1.7% |
| 5+ Bedrooms | $542K | $535.3K | -1.2% |
Summary: Wyndham Palms housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Wyndham Palms | $300K | $449K | +49.7% |
| Indian Creek | $460K | $472.5K | +2.7% |
Housing Supply in Wyndham Palms, FL
How many homes are available in Wyndham Palms, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 28 | -9.7% |
Summary: The Wyndham Palms real estate market had 28 homes for sale in October 2024, a 9.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Wyndham Palms 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wyndham Palms, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Wyndham Palms in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Wyndham Palms, FL
How long does it take to sell a home in Wyndham Palms, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 66 Days | +0.5% |
Summary: Homes in Wyndham Palms had an average of 66 days on market in Oct 2024, up by 0.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wyndham Palms are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Wyndham Palms; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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