Is 32208, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 32208 was a Seller's Market.
Key Takeaway
32208 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 32208, FL
How much do homes in 32208, FL cost?
Median Sold Price
$170,222
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 32208 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 32208 was $170,222 in May 2024, up 3.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.2K | $45K | -58.0% |
| 2 Bedrooms | $110K | $110K | 0.0% |
| 3 Bedrooms | $172.1K | $170K | -1.3% |
| 4 Bedrooms | $201.7K | $209.9K | +4.0% |
| 5+ Bedrooms | $258K | $240K | -7.0% |
Summary: 32208 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58%, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 7%.
Housing Supply in 32208, FL
How many homes are available in 32208, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 228 | 248 | +8.8% |
Summary: The 32208 real estate market had 248 homes for sale in May 2024, a 8.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 26 | 36 | +38.5% |
| 3 Bedrooms | 144 | 149 | +3.5% |
| 4 Bedrooms | 45 | 50 | +11.1% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 32208 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 38.5%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 38 | 0.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32208, you may be able to get a good deal. 65.8% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in 32208 in May 2024, the same as the previous month. Of the 38 sold homes, 66% were sold under asking, 21% were sold at asking, and 13% were sold over asking.
Days on Market for 32208, FL
How long does it take to sell a home in 32208, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 56 Days | 61 Days | +9.6% |
Summary: Homes in 32208 had an average of 61 days on market in May 2024, up by 9.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32208 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 38 homes were sold in 32208; 45% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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