Is 32234, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32234 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 32234 has remained a Seller's Market.

Key Takeaway

32234 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32234, FL

How much do homes in 32234, FL cost?

Median Sold Price

$280,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$33,995(-10.8%)

Key Takeaway

Homes in 32234 have sold for 10.8% less than they did a year ago.

Summary: The median home sold price in 32234 was $280,000 in April 2024, down 10.8% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $185K$172K
-7.0%
3 $293.9K$260K
-11.6%
4 $327.2K$315K
-3.7%
5+ $374.4K$385.3K
+2.9%

Summary: 32234 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 7%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

32068
0.5%
32063
-3.1%
32221
-3.9%
32234
-10.8%

Housing Supply in 32234, FL

How many homes are available in 32234, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5451-5.6%

Summary: The 32234 real estate market had 51 homes for sale in April 2024, a 5.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 3025
-16.7%
4 1922
+15.8%
5+ 21
-50.0%

Summary: The 32234 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 decreased by 16.7%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
179-47.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32234, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in 32234 in April 2024, down by 47.1% month-over-month. Of the 9 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% were sold over asking.

Days on Market for 32234, FL

How long does it take to sell a home in 32234, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
84 Days45 Days-45.7%

Summary: Homes in 32234 had an average of 45 days on market in Apr 2024, down by 45.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32234 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in 32234; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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 6 Days Ago

Newest Listings in 32234, FL

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