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 October 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

$439,673

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,327(-8.4%)

Key Takeaway

Homes in 32128 have sold for 8.4% less than they did a year ago.

Summary: The median home sold price in 32128 was $439,673 in October 2024, down 8.4% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $265K$312.7K
+18.0%
3 $449.9K$425K
-5.5%
4 $544.9K$566K
+3.9%
5+ $925K$752K
-18.7%

Summary: 32128 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 18%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 18.7%.

Median Sold Price Compared To Nearby Zip Codes

32129
+3.7%
32119
+2.4%
32114
+2.2%
32127
-4.9%
32128
-8.4%

Housing Supply in 32128, FL

How many homes are available in 32128, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7079+12.9%

Summary: The 32128 real estate market had 79 homes for sale in October 2024, a 12.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 2934
+17.2%
4 2628
+7.7%
5+ 69
+50.0%

Summary: The 32128 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 decreased by 11.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
880.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 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. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 32128 in October 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 25% 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

Oct 2023Oct 2024CHANGE
78 Days118 Days+51.0%

Summary: Homes in 32128 had an average of 118 days on market in Oct 2024, up by 51% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 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 October 2024, 8 homes were sold in 32128; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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

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