$7,480 Closing Credit*
$629,900
2,072 SqFt
3 Beds
•3 Full Baths
Jessica Woodard, Listing Office: Next Gen Realty
Is 32118, 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, 32118 has remained a Buyer's Market.
Key Takeaway
32118 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32118, FL
How much do homes in 32118, FL cost?
Median Sold Price
$365,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,791(+1.3%)
Key Takeaway
Homes in 32118 have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in 32118 was $365,000 in November 2024, up 1.3% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189K | $155K | -18.0% |
| 2 Bedrooms | $335K | $335K | 0.0% |
| 3 Bedrooms | $543.5K | $495K | -8.9% |
| 4 Bedrooms | $450K | $540K | +20.0% |
| 5+ Bedrooms | $622K | $565K | -9.2% |
Summary: 32118 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18%, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 9.2%.
Housing Supply in 32118, FL
How many homes are available in 32118, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 842 | 863 | +2.5% |
Summary: The 32118 real estate market had 863 homes for sale in November 2024, a 2.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 177 | 185 | +4.5% |
| 2 Bedrooms | 370 | 376 | +1.6% |
| 3 Bedrooms | 216 | 224 | +3.7% |
| 4 Bedrooms | 45 | 45 | 0.0% |
| 5+ Bedrooms | 34 | 33 | -2.9% |
Summary: The 32118 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 2.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 30 | -48.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32118, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 32118 in November 2024, down by 48.3% month-over-month. Of the 30 sold homes, 70% were sold under asking, 23% were sold at asking, and 7% were sold over asking.
Days on Market for 32118, FL
How long does it take to sell a home in 32118, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 105 Days | 85 Days | -19.1% |
Summary: Homes in 32118 had an average of 85 days on market in Nov 2024, down by 19.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 32118 has remained consistent over time.
Summary: During November 2024, 30 homes were sold in 32118; 23% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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