Is 32821, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 32821 was a Seller's Market.
Key Takeaway
32821 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 32821, FL
How much do homes in 32821, FL cost?
Median Sold Price
$282,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 32821 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 32821 was $282,000 in March 2024, up 6.6% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188.5K | $210.5K | +11.7% |
| 2 Bedrooms | $245K | $260K | +6.1% |
| 3 Bedrooms | $361K | $350K | -3.0% |
| 4 Bedrooms | $436.2K | $613.2K | +40.6% |
| 5+ Bedrooms | $1.9M | $684.9K | -63.9% |
Summary: 32821 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 40.6%, and 5+ bedroom homes decreased by 63.9%.
Housing Supply in 32821, FL
How many homes are available in 32821, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 154 | 170 | +10.4% |
Summary: The 32821 real estate market had 170 homes for sale in March 2024, a 10.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 20 | +33.3% |
| 2 Bedrooms | 73 | 85 | +16.4% |
| 3 Bedrooms | 59 | 58 | -1.7% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 32821 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 16.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32821, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 32821 in March 2024, up by 23.8% month-over-month. Of the 26 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.
Days on Market for 32821, FL
How long does it take to sell a home in 32821, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 27 Days | -46.4% |
Summary: Homes in 32821 had an average of 27 days on market in Mar 2024, down by 46.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 32821 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 26 homes were sold in 32821; 65% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.