Is 32254, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32254 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 32254 has remained a Seller's Market.

Key Takeaway

32254 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32254, FL

How much do homes in 32254, FL cost?

Median Sold Price

$167,500

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$24,000(+16.7%)

Key Takeaway

Homes in 32254 have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in 32254 was $167,500 in May 2024, up 16.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $103K$109K
+5.8%
3 $147.1K$170K
+15.5%
4 $180.5K$224.9K
+24.6%
5+ $250K$215K
-14.0%

Summary: 32254 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes decreased by 14%.

Median Sold Price Compared To Nearby Zip Codes

32254
+16.7%
32204
+15.0%
32210
+2.4%
32209
+1.0%
32205
0.4%

Housing Supply in 32254, FL

How many homes are available in 32254, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
122128+4.9%

Summary: The 32254 real estate market had 128 homes for sale in May 2024, a 4.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1615
-6.3%
3 7580
+6.7%
4 2727
0.0%
5+ 46
+50.0%

Summary: The 32254 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2122+4.8%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32254, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 32254 in May 2024, up by 4.8% month-over-month. Of the 22 sold homes, 55% were sold under asking, 41% were sold at asking, and 5% were sold over asking.

Days on Market for 32254, FL

How long does it take to sell a home in 32254, FL?

Average Sale Time

May 2023May 2024CHANGE
67 Days64 Days-3.5%

Summary: Homes in 32254 had an average of 64 days on market in May 2024, down by 3.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32254 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 22 homes were sold in 32254; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% 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

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