Is 32257, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32257 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 32257 has remained a Seller's Market.

Key Takeaway

32257 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32257, FL

How much do homes in 32257, FL cost?

Median Sold Price

$360,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,015(+2.3%)

Key Takeaway

Homes in 32257 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 32257 was $360,000 in May 2024, up 2.3% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $120K$119.2K
-0.6%
2 $232K$225K
-3.0%
3 $345K$355K
+2.9%
4 $460K$467.5K
+1.6%
5+ $655K$647.9K
-1.1%

Summary: 32257 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

32258
+3.4%
32223
+3.3%
32257
+2.3%
32217
0.0%
32256
-6.0%

Housing Supply in 32257, FL

How many homes are available in 32257, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
181180-0.6%

Summary: The 32257 real estate market had 180 homes for sale in May 2024, a 0.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 42
-50.0%
2 4144
+7.3%
3 7981
+2.5%
4 4241
-2.4%
5+ 1512
-20.0%

Summary: The 32257 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
5838-34.5%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32257, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 32257 in May 2024, down by 34.5% month-over-month. Of the 38 sold homes, 55% were sold under asking, 21% were sold at asking, and 24% were sold over asking.

Days on Market for 32257, FL

How long does it take to sell a home in 32257, FL?

Average Sale Time

May 2023May 2024CHANGE
39 Days31 Days-20.4%

Summary: Homes in 32257 had an average of 31 days on market in May 2024, down by 20.4% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32257 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 38 homes were sold in 32257; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% 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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