$10,000 Closing Credit*
$900,000
1,878 SqFt
4 Beds
•2 Full Baths
CAROLYN JONES, Listing Office: WATSON REALTY CORP
Is 32040, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 32040 has remained a Neutral Market.
Key Takeaway
32040 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 32040, FL
How much do homes in 32040, FL cost?
Median Sold Price
$480,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$90,000(+23.1%)
Key Takeaway
Homes in 32040 have sold for 23.1% more than they did a year ago.
Summary: The median home sold price in 32040 was $480,000 in November 2024, up 23.1% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $133.5K | N/A |
| 3 Bedrooms | $377.5K | $465K | +23.2% |
| 4 Bedrooms | $504.9K | $480K | -4.9% |
| 5+ Bedrooms | - | $980K | N/A |
Summary: 32040 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 23.2%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 32040 | $390K | $480K | +23.1% |
| 32058 | $248K | $300K | +21.0% |
| 32063 | $284.9K | $275.4K | -3.3% |
Housing Supply in 32040, FL
How many homes are available in 32040, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 18 | +50.0% |
Summary: The 32040 real estate market had 18 homes for sale in November 2024, a 50.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 10 | +100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 32040 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32040, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 32040 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 32040, FL
How long does it take to sell a home in 32040, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 71 Days | +551.5% |
Summary: Homes in 32040 had an average of 71 days on market in Nov 2024, up by 551.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 32040 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 32040; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.