Is 32221, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32221 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 32221 was a Seller's Market.

Key Takeaway

32221 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 32221, FL

How much do homes in 32221, FL cost?

Median Sold Price

$305,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$12,425(-3.9%)

Key Takeaway

Homes in 32221 have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in 32221 was $305,000 in April 2024, down 3.9% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $275K$158.5K
-42.4%
3 $295K$288.5K
-2.2%
4 $345K$345K
0.0%
5+ $373K$388.5K
+4.2%

Summary: 32221 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.4%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

32065
+7.9%
32210
+2.3%
32221
-3.9%
32222
-4.3%
32220
-5.7%

Housing Supply in 32221, FL

How many homes are available in 32221, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
151159+5.3%

Summary: The 32221 real estate market had 159 homes for sale in April 2024, a 5.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 7479
+6.8%
4 6468
+6.3%
5+ 109
-10.0%

Summary: The 32221 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2726-3.7%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32221, you may be able to get a good deal. 73.1% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 32221 in April 2024, down by 3.7% month-over-month. Of the 26 sold homes, 73% were sold under asking, 15% were sold at asking, and 12% were sold over asking.

Days on Market for 32221, FL

How long does it take to sell a home in 32221, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
94 Days72 Days-23.3%

Summary: Homes in 32221 had an average of 72 days on market in Apr 2024, down by 23.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32221 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 26 homes were sold in 32221; 42% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 31% 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 8 Days Ago

Newest Listings in 32221, FL

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