Is 32798, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32798 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 32798 was a Buyer's Market.

Key Takeaway

32798 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32798, FL

How much do homes in 32798, FL cost?

Median Sold Price

$250,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$95,000(+61.3%)

Key Takeaway

Homes in 32798 have sold for 61.3% more than they did a year ago.

Summary: The median home sold price in 32798 was $250,000 in March 2024, up 61.3% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $142.5K$153K
+7.4%
3 $220K$296K
+34.5%
4 $370K$421.9K
+14.1%
5+ -$473.4K
N/A

Summary: 32798 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 7.4%, 3 bedroom homes increased by 34.5%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

32798
+61.3%
32712
+1.2%
32757
-0.4%

Housing Supply in 32798, FL

How many homes are available in 32798, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6255-11.3%

Summary: The 32798 real estate market had 55 homes for sale in March 2024, a 11.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2427
+12.5%
3 1612
-25.0%
4 1914
-26.3%
5+ 32
-33.3%

Summary: The 32798 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 12.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1517+13.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32798, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 32798 in March 2024, up by 13.3% month-over-month. Of the 17 sold homes, 59% were sold under asking, 41% were sold at asking, and 0% were sold over asking.

Days on Market for 32798, FL

How long does it take to sell a home in 32798, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
20 Days68 Days+231.2%

Summary: Homes in 32798 had an average of 68 days on market in Mar 2024, up by 231.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32798 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 17 homes were sold in 32798; 35% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 35% 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 25 Days Ago

Newest Listings in 32798, FL

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