Is 32207, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32207 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 32207 was a Seller's Market.

Key Takeaway

32207 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32207, FL

How much do homes in 32207, FL cost?

Median Sold Price

$286,375

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$10,258(-3.5%)

Key Takeaway

Homes in 32207 have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in 32207 was $286,375 in February 2024, down 3.5% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $131.5K$238.5K
+81.4%
2 $209K$210K
0.5%
3 $295.3K$286K
-3.2%
4 $367.5K$385K
+4.8%
5+ $779.5K$1.1M
+41.4%

Summary: 32207 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 81.4%, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 41.4%.

Median Sold Price Compared To Nearby Zip Codes

32211
+6.1%
32216
+4.5%
32202
-3.0%
32207
-3.5%
32217
-5.1%

Housing Supply in 32207, FL

How many homes are available in 32207, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
161185+14.9%

Summary: The 32207 real estate market had 185 homes for sale in February 2024, a 14.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 86
-25.0%
2 4552
+15.6%
3 7290
+25.0%
4 2324
+4.3%
5+ 1313
0.0%

Summary: The 32207 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2225+13.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32207, you may be able to get a good deal. 64% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 32207 in February 2024, up by 13.6% month-over-month. Of the 25 sold homes, 64% were sold under asking, 24% were sold at asking, and 12% were sold over asking.

Days on Market for 32207, FL

How long does it take to sell a home in 32207, FL?

Average Sale Time

Feb 2023Feb 2024CHANGE
61 Days59 Days-2.9%

Summary: Homes in 32207 had an average of 59 days on market in Feb 2024, down by 2.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32207 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 25 homes were sold in 32207; 60% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in 32207, FL

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