Is 32607, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32607 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 32607 has remained a Seller's Market.

Key Takeaway

32607 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32607, FL

How much do homes in 32607, FL cost?

Median Sold Price

$286,166

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$46,591(+19.4%)

Key Takeaway

Homes in 32607 have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in 32607 was $286,166 in March 2024, up 19.4% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $86K$103K
+19.8%
2 $165K$175K
+6.1%
3 $299.9K$328.5K
+9.5%
4 $379.9K$435K
+14.5%
5+ $834K$640K
-23.3%

Summary: 32607 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.8%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 23.3%.

Median Sold Price Compared To Nearby Zip Codes

32607
+19.4%
32605
+8.9%
32606
+5.8%
32608
+1.0%
32603
-3.8%

Housing Supply in 32607, FL

How many homes are available in 32607, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
158164+3.8%

Summary: The 32607 real estate market had 164 homes for sale in March 2024, a 3.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 610
+66.7%
2 4946
-6.1%
3 4649
+6.5%
4 3842
+10.5%
5+ 1917
-10.5%

Summary: The 32607 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 decreased by 6.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2832+14.3%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32607, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 32607 in March 2024, up by 14.3% month-over-month. Of the 32 sold homes, 69% were sold under asking, 22% were sold at asking, and 9% were sold over asking.

Days on Market for 32607, FL

How long does it take to sell a home in 32607, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days62 Days+65.4%

Summary: Homes in 32607 had an average of 62 days on market in Mar 2024, up by 65.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32607 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 32 homes were sold in 32607; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 27 Days Ago

Newest Listings in 32607, FL

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