Is Zellwood, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zellwood is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Zellwood was a Neutral Market.

Key Takeaway

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

Housing Prices in Zellwood, FL

How much do homes in Zellwood, FL cost?

Median Sold Price

$407,990

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$185,490(+83.4%)

Key Takeaway

Homes in Zellwood have sold for 83.4% more than they did a year ago.

Summary: The median home sold price in Zellwood was $407,990 in November 2024, up 83.4% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $150K$165.6K
+10.4%
3 $280K$391.9K
+40.0%
4 $430.9K$420.4K
-2.4%
5+ $469.9K$483.9K
+3.0%

Summary: Zellwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 3%.

Housing Supply in Zellwood, FL

How many homes are available in Zellwood, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4033-17.5%

Summary: The Zellwood real estate market had 33 homes for sale in November 2024, a 17.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 106
-40.0%
4 2019
-5.0%
5+ 97
-22.2%

Summary: The Zellwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zellwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Zellwood in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Zellwood, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
62 Days62 Days-0.2%

Summary: Homes in Zellwood had an average of 62 days on market in Nov 2024, down by 0.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Zellwood has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Zellwood; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

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