Is 32097, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32097 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32097 was a Seller's Market.

Key Takeaway

32097 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32097, FL

How much do homes in 32097, FL cost?

Median Sold Price

$394,491

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,493(+9.9%)

Key Takeaway

Homes in 32097 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 32097 was $394,491 in October 2024, up 9.9% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $241.9K$421.1K
+74.0%
3 $337.9K$365K
+8.0%
4 $365.9K$402.9K
+10.1%
5+ $379.9K$477.5K
+25.7%

Summary: 32097 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 74%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 25.7%.

Median Sold Price Compared To Nearby Zip Codes

32011
+31.7%
32097
+9.9%
31558
+2.3%
32034
0.3%
32218
0.0%

Housing Supply in 32097, FL

How many homes are available in 32097, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
195198+1.5%

Summary: The 32097 real estate market had 198 homes for sale in October 2024, a 1.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1322
+69.2%
3 8078
-2.5%
4 8785
-2.3%
5+ 1513
-13.3%

Summary: The 32097 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 increased by 69.2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2524-4.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32097, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 32097 in October 2024, down by 4.0% month-over-month. Of the 24 sold homes, 46% were sold under asking, 46% were sold at asking, and 8% were sold over asking.

Days on Market for 32097, FL

How long does it take to sell a home in 32097, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days84 Days+21.8%

Summary: Homes in 32097 had an average of 84 days on market in Oct 2024, up by 21.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32097 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in 32097; 42% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 42% 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 17 Days Ago

Newest Listings in 32097, FL

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