Is 32224, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 32224 has remained a Seller's Market.
Key Takeaway
32224 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32224, FL
How much do homes in 32224, FL cost?
Median Sold Price
$483,676
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 32224 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 32224 was $483,676 in March 2024, up 7.8% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | $172.5K | +6.2% |
| 2 Bedrooms | $249.4K | $248.5K | -0.4% |
| 3 Bedrooms | $425K | $437.3K | +2.9% |
| 4 Bedrooms | $650K | $758.1K | +16.6% |
| 5+ Bedrooms | $1.0M | $1.0M | +0.7% |
Summary: 32224 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 32224, FL
How many homes are available in 32224, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 213 | 223 | +4.7% |
Summary: The 32224 real estate market had 223 homes for sale in March 2024, a 4.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 27 | 30 | +11.1% |
| 3 Bedrooms | 86 | 92 | +7.0% |
| 4 Bedrooms | 74 | 69 | -6.8% |
| 5+ Bedrooms | 23 | 27 | +17.4% |
Summary: The 32224 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 42 | -2.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32224, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 32224 in March 2024, down by 2.3% month-over-month. Of the 42 sold homes, 45% were sold under asking, 33% were sold at asking, and 21% were sold over asking.
Days on Market for 32224, FL
How long does it take to sell a home in 32224, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 60 Days | 42 Days | -29.8% |
Summary: Homes in 32224 had an average of 42 days on market in Mar 2024, down by 29.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32224 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 42 homes were sold in 32224; 60% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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