Is Wildwood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wildwood was a Seller's Market.
Key Takeaway
Wildwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wildwood, FL
How much do homes in Wildwood, FL cost?
Median Sold Price
$323,185
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wildwood have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Wildwood was $323,185 in May 2024, up 4.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267.5K | $128.5K | -52.0% |
| 2 Bedrooms | $227.5K | $165K | -27.5% |
| 3 Bedrooms | $323.5K | $332K | +2.6% |
| 4 Bedrooms | $366.9K | $359.9K | -1.9% |
| 5+ Bedrooms | $371.4K | $327.4K | -11.8% |
Summary: Wildwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52%, 2 bedroom homes decreased by 27.5%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Cities
| Sumterville | $360K | $400K | +11.1% |
| Wildwood | $310.1K | $323.1K | +4.2% |
| Leesburg | $294.6K | $300K | +1.8% |
| The Villages | $385.3K | $379.5K | -1.5% |
| Oxford | $369.5K | $339K | -8.3% |
Housing Supply in Wildwood, FL
How many homes are available in Wildwood, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 181 | 193 | +6.6% |
Summary: The Wildwood real estate market had 193 homes for sale in May 2024, a 6.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 36 | 42 | +16.7% |
| 3 Bedrooms | 113 | 117 | +3.5% |
| 4 Bedrooms | 27 | 28 | +3.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Wildwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 22 | -42.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wildwood, you may be able to get a good deal. 86.4% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Wildwood in May 2024, down by 42.1% month-over-month. Of the 22 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Wildwood, FL
How long does it take to sell a home in Wildwood, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 64 Days | 45 Days | -29.0% |
Summary: Homes in Wildwood had an average of 45 days on market in May 2024, down by 29% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wildwood are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 22 homes were sold in Wildwood; 59% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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