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 3 Days Ago

Newest Listings in 32038, FL

Nearby Markets to 32038, FL