Is 32164, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32164 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32164 was a Seller's Market.

Key Takeaway

32164 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32164, FL

How much do homes in 32164, FL cost?

Median Sold Price

$338,978

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$787(-0.2%)

Key Takeaway

The sold price of homes in 32164 has remained the same since last year.

Summary: The median home sold price in 32164 was $338,978 in October 2024, down 0.2% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $160K$141.5K
-11.6%
2 $265K$256.7K
-3.1%
3 $330K$329.9K
0%
4 $359.9K$351.9K
-2.2%
5+ $440.8K$420K
-4.7%

Summary: 32164 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

32137
+1.4%
32110
0.3%
32164
-0.2%
32136
-2.4%

Housing Supply in 32164, FL

How many homes are available in 32164, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
792799+0.9%

Summary: The 32164 real estate market had 799 homes for sale in October 2024, a 0.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2017
-15.0%
3 426425
-0.2%
4 295301
+2.0%
5+ 4954
+10.2%

Summary: The 32164 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 15%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 10.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11983-30.3%

Asking Price vs. Sold Price

59 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32164, you may be able to get a good deal. 71.1% of homes here sold below asking price last month.

Summary: A total of 83 homes were sold or pending in 32164 in October 2024, down by 30.3% month-over-month. Of the 83 sold homes, 71% were sold under asking, 23% were sold at asking, and 6% were sold over asking.

Days on Market for 32164, FL

How long does it take to sell a home in 32164, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days72 Days+12.1%

Summary: Homes in 32164 had an average of 72 days on market in Oct 2024, up by 12.1% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32164 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 83 homes were sold in 32164; 39% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 27% 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 21 Days Ago

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