Is 32217, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32217 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 32217 has remained a Seller's Market.

Key Takeaway

32217 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32217, FL

How much do homes in 32217, FL cost?

Median Sold Price

$325,000

$198/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since May 2023.

Key Takeaway

The sold price of homes in 32217 has remained the same since last year.

Summary: The median home sold price in 32217 was $325,000 in May 2024, the same as last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $123.8K$125K
+1.0%
2 $185K$160K
-13.5%
3 $325.2K$325K
-0.1%
4 $415K$451K
+8.7%
5+ $612.5K$829.5K
+35.4%

Summary: 32217 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 35.4%.

Median Sold Price Compared To Nearby Zip Codes

32216
+7.7%
32207
+3.7%
32257
+2.3%
32217
0.0%

Housing Supply in 32217, FL

How many homes are available in 32217, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
134126-6.0%

Summary: The 32217 real estate market had 126 homes for sale in May 2024, a 6.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 65
-16.7%
2 3131
0.0%
3 5850
-13.8%
4 2931
+6.9%
5+ 109
-10.0%

Summary: The 32217 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3423-32.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32217, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 32217 in May 2024, down by 32.4% month-over-month. Of the 23 sold homes, 43% were sold under asking, 35% were sold at asking, and 22% were sold over asking.

Days on Market for 32217, FL

How long does it take to sell a home in 32217, FL?

Average Sale Time

May 2023May 2024CHANGE
62 Days24 Days-59.9%

Summary: Homes in 32217 had an average of 24 days on market in May 2024, down by 59.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32217 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 23 homes were sold in 32217; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% 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 1 Day Ago

Newest Listings in 32217, FL

Nearby Markets to 32217, FL