Is 32907, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32907 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 32907 has remained a Seller's Market.

Key Takeaway

32907 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32907, FL

How much do homes in 32907, FL cost?

Median Sold Price

$332,281

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$2,706(-0.8%)

Key Takeaway

Homes in 32907 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 32907 was $332,281 in March 2024, down 0.8% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $230K$234.6K
+2.0%
3 $313.5K$310.9K
-0.8%
4 $355K$357.9K
+0.8%
5+ $452.4K$445K
-1.6%

Summary: 32907 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 2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

32904
+4.8%
32907
-0.8%
32908
-1.3%
32909
-1.6%
32905
-2.3%

Housing Supply in 32907, FL

How many homes are available in 32907, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
373420+12.6%

Summary: The 32907 real estate market had 420 homes for sale in March 2024, a 12.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 209231
+10.5%
4 142166
+16.9%
5+ 1313
0.0%

Summary: The 32907 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 11.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
6771+6.0%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32907, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in 32907 in March 2024, up by 6.0% month-over-month. Of the 71 sold homes, 58% were sold under asking, 27% were sold at asking, and 15% were sold over asking.

Days on Market for 32907, FL

How long does it take to sell a home in 32907, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
50 Days59 Days+18.0%

Summary: Homes in 32907 had an average of 59 days on market in Mar 2024, up by 18% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32907 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 71 homes were sold in 32907; 45% of homes were sold within 30 days, 28% 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 15 Days Ago

Newest Listings in 32907, FL

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