Is 32903, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32903 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 32903 was a Seller's Market.

Key Takeaway

32903 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32903, FL

How much do homes in 32903, FL cost?

Median Sold Price

$630,000

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$5,333(+0.9%)

Key Takeaway

Homes in 32903 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 32903 was $630,000 in February 2024, up 0.9% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $220K$216.5K
-1.6%
2 $375K$342K
-8.8%
3 $635K$625.5K
-1.5%
4 $730.2K$815K
+11.6%
5+ $900K$1.0M
+17.5%

Summary: 32903 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 17.5%.

Median Sold Price Compared To Nearby Zip Codes

32903
+0.9%
32937
+0.7%
32952
-2.4%
32951
-4.3%

Housing Supply in 32903, FL

How many homes are available in 32903, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
90109+21.1%

Summary: The 32903 real estate market had 109 homes for sale in February 2024, a 21.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 02
+100.0%
2 1421
+50.0%
3 4855
+14.6%
4 2425
+4.2%
5+ 46
+50.0%

Summary: The 32903 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
11110.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32903, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 32903 in February 2024, the same as the previous month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.

Days on Market for 32903, FL

How long does it take to sell a home in 32903, FL?

Average Sale Time

Feb 2023Feb 2024CHANGE
43 Days60 Days+38.5%

Summary: Homes in 32903 had an average of 60 days on market in Feb 2024, up by 38.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32903 has remained consistent over time.

Summary: During February 2024, 11 homes were sold in 32903; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% 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 32903, FL

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