Is 32038, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32038 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 32038 has remained a Seller's Market.

Key Takeaway

32038 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32038, FL

How much do homes in 32038, FL cost?

Median Sold Price

$319,950

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$22,550(-6.6%)

Key Takeaway

Homes in 32038 have sold for 6.6% less than they did a year ago.

Summary: The median home sold price in 32038 was $319,950 in October 2024, down 6.6% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $467.9K$250K
-46.6%
2 $315K$399K
+26.7%
3 $280K$299K
+6.8%
4 $397.4K$450K
+13.2%
5+ $580K$388K
-33.1%

Summary: 32038 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.6%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 33.1%.

Median Sold Price Compared To Nearby Zip Codes

32643
0.0%
32038
-6.6%

Housing Supply in 32038, FL

How many homes are available in 32038, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The 32038 real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The 32038 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32038, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 32038 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 32038, FL

How long does it take to sell a home in 32038, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days37 Days-30.3%

Summary: Homes in 32038 had an average of 37 days on market in Oct 2024, down by 30.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32038 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 32038; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 24 Days Ago

Newest Listings in 32038, FL

Nearby Markets to 32038, FL