Is 32920, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32920 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 32920 was a Seller's Market.

Key Takeaway

32920 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32920, FL

How much do homes in 32920, FL cost?

Median Sold Price

$355,000

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,250(+6.0%)

Key Takeaway

Homes in 32920 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 32920 was $355,000 in March 2024, up 6% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $179K$185K
+3.4%
2 $320K$325K
+1.6%
3 $460K$500K
+8.7%
4 $457K$739.5K
+61.8%
5+ $620K$950K
+53.2%

Summary: 32920 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 61.8%, and 5+ bedroom homes increased by 53.2%.

Median Sold Price Compared To Nearby Zip Codes

32920
+6.0%
32953
+3.0%
32931
-3.7%

Housing Supply in 32920, FL

How many homes are available in 32920, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
175197+12.6%

Summary: The 32920 real estate market had 197 homes for sale in March 2024, a 12.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2422
-8.3%
2 8298
+19.5%
3 5663
+12.5%
4 1111
0.0%
5+ 23
+50.0%

Summary: The 32920 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2428+16.7%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32920, you may be able to get a good deal. 96.4% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 32920 in March 2024, up by 16.7% month-over-month. Of the 28 sold homes, 96% were sold under asking, 4% were sold at asking, and 0% were sold over asking.

Days on Market for 32920, FL

How long does it take to sell a home in 32920, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
54 Days76 Days+42.1%

Summary: Homes in 32920 had an average of 76 days on market in Mar 2024, up by 42.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32920 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 28 homes were sold in 32920; 32% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 39% 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 25 Days Ago

Newest Listings in 32920, FL

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