Is 32128, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32128 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32128 was a Seller's Market.

Key Takeaway

32128 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32128, FL

How much do homes in 32128, FL cost?

Median Sold Price

$430,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$35,000(-7.5%)

Key Takeaway

Homes in 32128 have sold for 7.5% less than they did a year ago.

Summary: The median home sold price in 32128 was $430,000 in November 2024, down 7.5% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $299K$283K
-5.4%
3 $458.7K$425K
-7.4%
4 $550K$560K
+1.8%
5+ $687K$785K
+14.3%

Summary: 32128 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 decreased by 5.4%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

32129
+6.2%
32114
+5.2%
32119
+4.8%
32127
+2.9%
32128
-7.5%

Housing Supply in 32128, FL

How many homes are available in 32128, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
219198-9.6%

Summary: The 32128 real estate market had 198 homes for sale in November 2024, a 9.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2521
-16.0%
3 10596
-8.6%
4 6762
-7.5%
5+ 2219
-13.6%

Summary: The 32128 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 decreased by 16%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 13.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2417-29.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32128, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 32128 in November 2024, down by 29.2% month-over-month. Of the 17 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.

Days on Market for 32128, FL

How long does it take to sell a home in 32128, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
107 Days74 Days-30.5%

Summary: Homes in 32128 had an average of 74 days on market in Nov 2024, down by 30.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32128 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 17 homes were sold in 32128; 24% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 41% 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

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