Is 32738, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32738 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 32738 has remained a Seller's Market.

Key Takeaway

32738 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32738, FL

How much do homes in 32738, FL cost?

Median Sold Price

$320,142

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,226(+3.3%)

Key Takeaway

Homes in 32738 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 32738 was $320,142 in March 2024, up 3.3% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$175K
N/A
2 $232K$245K
+5.6%
3 $300.3K$308.3K
+2.6%
4 $359.9K$365.4K
+1.5%
5+ $426K$410K
-3.8%

Summary: 32738 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 3.8%.

Median Sold Price Compared To Nearby Zip Codes

32744
+10.3%
32738
+3.3%
32725
+1.7%
32724
+1.4%
32764
-26.6%

Housing Supply in 32738, FL

How many homes are available in 32738, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
225247+9.8%

Summary: The 32738 real estate market had 247 homes for sale in March 2024, a 9.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1311
-15.4%
3 134158
+17.9%
4 6767
0.0%
5+ 1111
0.0%

Summary: The 32738 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 decreased by 15.4%, 3 bedroom homes increased by 17.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4149+19.5%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32738, you may be able to get a good deal. 51% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in 32738 in March 2024, up by 19.5% month-over-month. Of the 49 sold homes, 51% were sold under asking, 31% were sold at asking, and 18% were sold over asking.

Days on Market for 32738, FL

How long does it take to sell a home in 32738, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
47 Days38 Days-19.2%

Summary: Homes in 32738 had an average of 38 days on market in Mar 2024, down by 19.2% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32738 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 49 homes were sold in 32738; 59% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 10% 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 32738, FL

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