Is Saint Cloud, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Saint Cloud has remained a Seller's Market.
Key Takeaway
Saint Cloud is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Cloud, FL
How much do homes in Saint Cloud, FL cost?
Median Sold Price
$375,805
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saint Cloud have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Saint Cloud was $375,805 in May 2024, up 1.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $185K | -5.1% |
| 2 Bedrooms | $240K | $265K | +10.4% |
| 3 Bedrooms | $350K | $354.3K | +1.2% |
| 4 Bedrooms | $416K | $412.4K | -0.9% |
| 5+ Bedrooms | $510K | $496.9K | -2.6% |
Summary: Saint Cloud housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 2.6%.
Housing Supply in Saint Cloud, FL
How many homes are available in Saint Cloud, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 323 | 340 | +5.3% |
Summary: The Saint Cloud real estate market had 340 homes for sale in May 2024, a 5.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 52 | 40 | -23.1% |
| 3 Bedrooms | 134 | 156 | +16.4% |
| 4 Bedrooms | 102 | 111 | +8.8% |
| 5+ Bedrooms | 33 | 32 | -3.0% |
Summary: The Saint Cloud housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 63 | 58 | -7.9% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Cloud, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Saint Cloud in May 2024, down by 7.9% month-over-month. Of the 58 sold homes, 55% were sold under asking, 29% were sold at asking, and 16% were sold over asking.
Days on Market for Saint Cloud, FL
How long does it take to sell a home in Saint Cloud, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 51 Days | 59 Days | +16.5% |
Summary: Homes in Saint Cloud had an average of 59 days on market in May 2024, up by 16.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Cloud are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 58 homes were sold in Saint Cloud; 47% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.