Is Seminole County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Seminole County has remained a Seller's Market.
Housing Prices in Seminole County, FL
How much do homes in Seminole County, FL cost?
Median Sold Price
$399,989
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Seminole County was $399,989 in April 2024, up 4.1% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $150K | +3.4% |
2 Bedrooms | $233.5K | $245K | +4.9% |
3 Bedrooms | $355.6K | $372K | +4.6% |
4 Bedrooms | $500.3K | $516.2K | +3.2% |
5+ Bedrooms | $744K | $764K | +2.7% |
Summary: Seminole County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Counties
Orange County | $394.7K | $415K | +5.1% |
Seminole County | $384.3K | $399.9K | +4.1% |
Volusia County | $335K | $347.6K | +3.8% |
Lake County | $370K | $369.7K | -0.1% |
Housing Supply in Seminole County, FL
How many homes are available in Seminole County, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,902 | 1,947 | +2.4% |
Summary: The Seminole County real estate market had 1,947 homes for sale in April 2024, a 2.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 96 | 106 | +10.4% |
2 Bedrooms | 292 | 300 | +2.7% |
3 Bedrooms | 767 | 781 | +1.8% |
4 Bedrooms | 574 | 586 | +2.1% |
5+ Bedrooms | 173 | 174 | +0.6% |
Summary: The Seminole County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 0.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
427 | 439 | +2.8% |
Asking Price vs. Sold Price
256 Homes Were Sold
Under Asking
102 Homes Were Sold
At Asking
81 Homes Were Sold
Over Asking
Summary: A total of 439 homes were sold or pending in Seminole County in April 2024, up by 2.8% month-over-month. Of the 439 sold homes, 58% were sold under asking, 23% were sold at asking, and 18% were sold over asking.
Days on Market for Seminole County, FL
How long does it take to sell a home in Seminole County, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 38 Days | +22.1% |
Summary: Homes in Seminole County had an average of 38 days on market in Apr 2024, up by 22.1% compared to last year.
Breakdown of Home Sale Times
271 Homes Were Sold
Under 30 Days
105 Homes Were Sold
In 30 - 90 Days
63 Homes Were Sold
Over 90 Days
Summary: During April 2024, 439 homes were sold in Seminole County; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.