Is 32817, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32817 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 32817 has remained a Seller's Market.

Key Takeaway

32817 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32817, FL

How much do homes in 32817, FL cost?

Median Sold Price

$385,000

$245/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in 32817 has remained the same since last year.

Summary: The median home sold price in 32817 was $385,000 in March 2024, the same as last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $135K$165K
+22.2%
2 $250K$267K
+6.8%
3 $374K$374.9K
0.3%
4 $445K$450K
+1.1%
5+ $642.5K$617.5K
-3.9%

Summary: 32817 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

32792
+8.8%
32826
+4.2%
32817
0.0%
32825
0%

Housing Supply in 32817, FL

How many homes are available in 32817, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7685+11.8%

Summary: The 32817 real estate market had 85 homes for sale in March 2024, a 11.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1210
-16.7%
3 3237
+15.6%
4 2532
+28.0%
5+ 76
-14.3%

Summary: The 32817 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 16.7%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 28%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1229+141.7%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32817, you may be able to get a good deal. 62.1% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 32817 in March 2024, up by 141.7% month-over-month. Of the 29 sold homes, 62% were sold under asking, 17% were sold at asking, and 21% were sold over asking.

Days on Market for 32817, FL

How long does it take to sell a home in 32817, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
34 Days40 Days+17.1%

Summary: Homes in 32817 had an average of 40 days on market in Mar 2024, up by 17.1% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32817 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 29 homes were sold in 32817; 69% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 14% 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 32817, FL

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