Is 32778, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32778 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 32778 has remained a Seller's Market.

Key Takeaway

32778 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32778, FL

How much do homes in 32778, FL cost?

Median Sold Price

$305,850

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$34,610(-10.2%)

Key Takeaway

Homes in 32778 have sold for 10.2% less than they did a year ago.

Summary: The median home sold price in 32778 was $305,850 in March 2024, down 10.2% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $78.2K$96K
+22.7%
2 $201.7K$208K
+3.1%
3 $324.7K$317.9K
-2.1%
4 $383.4K$365K
-4.8%
5+ $400.9K$399.4K
-0.4%

Summary: 32778 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 0.4%.

Median Sold Price Compared To Nearby Zip Codes

34788
+3.3%
32757
-0.4%
32726
-4.8%
34705
-5.4%
32778
-10.2%

Housing Supply in 32778, FL

How many homes are available in 32778, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1931930.0%

Summary: The 32778 real estate market had 193 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 6256
-9.7%
3 8793
+6.9%
4 3336
+9.1%
5+ 96
-33.3%

Summary: The 32778 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 9.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4737-21.3%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32778, you may be able to get a good deal. 70.3% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in 32778 in March 2024, down by 21.3% month-over-month. Of the 37 sold homes, 70% were sold under asking, 22% were sold at asking, and 8% were sold over asking.

Days on Market for 32778, FL

How long does it take to sell a home in 32778, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
58 Days65 Days+11.9%

Summary: Homes in 32778 had an average of 65 days on market in Mar 2024, up by 11.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32778 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 37 homes were sold in 32778; 38% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 30% 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 18 Days Ago

Newest Listings in 32778, FL

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