Is 32225, 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, 32225 has remained a Seller's Market.
Key Takeaway
32225 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32225, FL
How much do homes in 32225, FL cost?
Median Sold Price
$380,000
$214/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in 32225 has remained the same since last year.
Summary: The median home sold price in 32225 was $380,000 in May 2024, the same as last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | - | N/A |
| 2 Bedrooms | $226.9K | $230K | +1.3% |
| 3 Bedrooms | $350K | $355K | +1.4% |
| 4 Bedrooms | $436K | $449.2K | +3.0% |
| 5+ Bedrooms | $769.9K | $605K | -21.4% |
Summary: 32225 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 21.4%.
Housing Supply in 32225, FL
How many homes are available in 32225, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 223 | 237 | +6.3% |
Summary: The 32225 real estate market had 237 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 17 | +54.5% |
| 3 Bedrooms | 103 | 106 | +2.9% |
| 4 Bedrooms | 84 | 93 | +10.7% |
| 5+ Bedrooms | 25 | 21 | -16.0% |
Summary: The 32225 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 16%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 62 | 47 | -24.2% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32225, you may be able to get a good deal. 53.2% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 32225 in May 2024, down by 24.2% month-over-month. Of the 47 sold homes, 53% were sold under asking, 30% were sold at asking, and 17% were sold over asking.
Days on Market for 32225, FL
How long does it take to sell a home in 32225, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 56 Days | 31 Days | -44.9% |
Summary: Homes in 32225 had an average of 31 days on market in May 2024, down by 44.9% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32225 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 47 homes were sold in 32225; 55% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.