Is 32246, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32246 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 32246 has remained a Seller's Market.

Key Takeaway

32246 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32246, FL

How much do homes in 32246, FL cost?

Median Sold Price

$355,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$13,835(+4.1%)

Key Takeaway

Homes in 32246 have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in 32246 was $355,000 in May 2024, up 4.1% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $185.6K$195K
+5.1%
2 $220K$226K
+2.7%
3 $325K$345K
+6.2%
4 $495K$475K
-4.0%
5+ $730K$915.7K
+25.4%

Summary: 32246 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 25.4%.

Median Sold Price Compared To Nearby Zip Codes

32224
+10.4%
32216
+7.7%
32246
+4.1%
32225
0.0%
32256
-6.0%

Housing Supply in 32246, FL

How many homes are available in 32246, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
224235+4.9%

Summary: The 32246 real estate market had 235 homes for sale in May 2024, a 4.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 810
+25.0%
2 4342
-2.3%
3 121113
-6.6%
4 4259
+40.5%
5+ 1011
+10.0%

Summary: The 32246 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 40.5%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Apr 2024May 2024CHANGE
5453-1.9%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32246, you may be able to get a good deal. 71.7% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 32246 in May 2024, down by 1.9% month-over-month. Of the 53 sold homes, 72% were sold under asking, 13% were sold at asking, and 15% were sold over asking.

Days on Market for 32246, FL

How long does it take to sell a home in 32246, FL?

Average Sale Time

May 2023May 2024CHANGE
82 Days42 Days-48.0%

Summary: Homes in 32246 had an average of 42 days on market in May 2024, down by 48% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32246 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 53 homes were sold in 32246; 60% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 21% 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 32246, FL

Nearby Markets to 32246, FL