Is 32605, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32605 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 32605 was a Seller's Market.

Key Takeaway

32605 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 32605, FL

How much do homes in 32605, FL cost?

Median Sold Price

$310,250

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,250(+8.9%)

Key Takeaway

Homes in 32605 have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in 32605 was $310,250 in March 2024, up 8.9% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $112.5K$124.5K
+10.7%
2 $199K$213.7K
+7.4%
3 $283.7K$292.5K
+3.1%
4 $410K$431K
+5.1%
5+ $602.5K$559K
-7.2%

Summary: 32605 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Zip Codes

32607
+19.4%
32605
+8.9%
32606
+5.8%
32601
+5.3%
32603
-3.8%

Housing Supply in 32605, FL

How many homes are available in 32605, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
121150+24.0%

Summary: The 32605 real estate market had 150 homes for sale in March 2024, a 24.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 1823
+27.8%
3 6274
+19.4%
4 3544
+25.7%
5+ 36
+100.0%

Summary: The 32605 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2722-18.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32605, you may be able to get a good deal. 77.3% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 32605 in March 2024, down by 18.5% month-over-month. Of the 22 sold homes, 77% were sold under asking, 14% were sold at asking, and 9% were sold over asking.

Days on Market for 32605, FL

How long does it take to sell a home in 32605, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
33 Days32 Days-3.4%

Summary: Homes in 32605 had an average of 32 days on market in Mar 2024, down by 3.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32605 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 22 homes were sold in 32605; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% 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 26 Days Ago

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