$400,000
0.52 Acres
Land
Denny Shiver, Listing Office: DENNY SHIVER REALTY LLC
Is Zellwood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Zellwood was a Seller's Market.
Key Takeaway
Zellwood 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 Zellwood, FL
How much do homes in Zellwood, FL cost?
Median Sold Price
$404,990
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$189,990(+88.4%)
Key Takeaway
Homes in Zellwood have sold for 88.4% more than they did a year ago.
Summary: The median home sold price in Zellwood was $404,990 in October 2024, up 88.4% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $149K | $164.5K | +10.4% |
| 3 Bedrooms | $280K | $393.4K | +40.5% |
| 4 Bedrooms | $429.9K | $420.4K | -2.2% |
| 5+ Bedrooms | $469.9K | $483.9K | +3.0% |
Summary: Zellwood 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 increased by 10.4%, 3 bedroom homes increased by 40.5%, 4 bedroom homes decreased by 2.2%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 39 | -13.3% |
Summary: The Zellwood real estate market had 39 homes for sale in October 2024, a 13.3% 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 | 11 | 10 | -9.1% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Zellwood 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 decreased by 9.1%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Zellwood, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Zellwood in October 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 67 Days | 56 Days | -16.7% |
Summary: Homes in Zellwood had an average of 56 days on market in Oct 2024, down by 16.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Zellwood has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Zellwood; 0% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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