$2,968 Closing Credit*
$249,900
750 SqFt
2 Beds
•2 Full Baths
Barry McSwain, Listing Office: FATHOM REALTY FL LLC
Is 32118, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 32118 was a Seller'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
$342,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,000(+7.2%)
Key Takeaway
Homes in 32118 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 32118 was $342,000 in October 2024, up 7.2% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170.4K | $150.9K | -11.4% |
| 2 Bedrooms | $301.7K | $327.5K | +8.5% |
| 3 Bedrooms | $523.9K | $505K | -3.6% |
| 4 Bedrooms | $438.7K | $596K | +35.9% |
| 5+ Bedrooms | $1.1M | $525K | -54.3% |
Summary: 32118 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes increased by 8.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes decreased by 54.3%.
Housing Supply in 32118, FL
How many homes are available in 32118, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 313 | 310 | -1.0% |
Summary: The 32118 real estate market had 310 homes for sale in October 2024, a 1.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 94 | 88 | -6.4% |
| 2 Bedrooms | 122 | 127 | +4.1% |
| 3 Bedrooms | 77 | 74 | -3.9% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 32118 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 4.1%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 19 | -38.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 32118, you may be able to get a good deal. 84.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 32118 in October 2024, down by 38.7% month-over-month. Of the 19 sold homes, 84% were sold under asking, 11% were sold at asking, and 5% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 93 Days | 82 Days | -12.4% |
Summary: Homes in 32118 had an average of 82 days on market in Oct 2024, down by 12.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 32118 has remained consistent over time.
Summary: During October 2024, 19 homes were sold in 32118; 32% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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