Is 32818, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32818 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 32818 has remained a Seller's Market.

Key Takeaway

32818 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32818, FL

How much do homes in 32818, FL cost?

Median Sold Price

$360,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$35,000(+10.8%)

Key Takeaway

Homes in 32818 have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in 32818 was $360,000 in April 2024, up 10.8% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $69K$102.2K
+48.2%
2 $131K$201K
+53.4%
3 $315K$350K
+11.1%
4 $375K$400K
+6.7%
5+ $390K$410K
+5.1%

Summary: 32818 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.2%, 2 bedroom homes increased by 53.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Zip Codes

32818
+10.8%
32835
+7.5%
32808
+7.2%
32810
+5.0%
34761
+3.3%

Housing Supply in 32818, FL

How many homes are available in 32818, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
122112-8.2%

Summary: The 32818 real estate market had 112 homes for sale in April 2024, a 8.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 77
0.0%
3 6155
-9.8%
4 4543
-4.4%
5+ 65
-16.7%

Summary: The 32818 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2444+83.3%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32818, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 32818 in April 2024, up by 83.3% month-over-month. Of the 44 sold homes, 59% were sold under asking, 27% were sold at asking, and 14% were sold over asking.

Days on Market for 32818, FL

How long does it take to sell a home in 32818, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
41 Days38 Days-7.2%

Summary: Homes in 32818 had an average of 38 days on market in Apr 2024, down by 7.2% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32818 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 44 homes were sold in 32818; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% 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 1 Day Ago

Newest Listings in 32818, FL

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