Is 32119, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32119 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 32119 has remained a Buyer's Market.

Key Takeaway

32119 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32119, FL

How much do homes in 32119, FL cost?

Median Sold Price

$280,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,600(+2.4%)

Key Takeaway

Homes in 32119 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 32119 was $280,000 in October 2024, up 2.4% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$146K
+0.7%
2 $197.4K$205K
+3.8%
3 $291K$300K
+3.1%
4 $327.5K$395K
+20.6%
5+ $445K$1.5M
+238.2%

Summary: 32119 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 238.2%.

Median Sold Price Compared To Nearby Zip Codes

32118
+7.2%
32129
+3.7%
32119
+2.4%
32114
+2.2%
32127
-4.9%

Housing Supply in 32119, FL

How many homes are available in 32119, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9598+3.2%

Summary: The 32119 real estate market had 98 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 3939
0.0%
3 4849
+2.1%
4 57
+40.0%
5+ 22
0.0%

Summary: The 32119 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 increased by 2.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32119, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 32119 in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 85% were sold under asking, 8% were sold at asking, and 8% were sold over asking.

Days on Market for 32119, FL

How long does it take to sell a home in 32119, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days59 Days+23.6%

Summary: Homes in 32119 had an average of 59 days on market in Oct 2024, up by 23.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32119 has remained consistent over time.

Summary: During October 2024, 13 homes were sold in 32119; 23% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 23% 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 14 Days Ago

Newest Listings in 32119, FL

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