Is 32440, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32440 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 32440 was a Neutral Market.

Key Takeaway

32440 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32440, FL

How much do homes in 32440, FL cost?

Median Sold Price

$179,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$26,550(+17.4%)

Key Takeaway

Homes in 32440 have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in 32440 was $179,000 in April 2024, up 17.4% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $119.5K$117K
-2.1%
3 $149.9K$182K
+21.3%
4 $175K$204K
+16.6%
5+ -$359.2K
N/A

Summary: 32440 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 2.1%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

32440
+17.4%
32425
+13.4%

Housing Supply in 32440, FL

How many homes are available in 32440, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1713-23.5%

Summary: The 32440 real estate market had 13 homes for sale in April 2024, a 23.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 107
-30.0%
4 33
0.0%
5+ 32
-33.3%

Summary: The 32440 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 30%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32440, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 32440 in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 32440, FL

How long does it take to sell a home in 32440, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days113 Days+211.0%

Summary: Homes in 32440 had an average of 113 days on market in Apr 2024, up by 211% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32440 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in 32440; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 32440, FL

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