Is 32174, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32174 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 32174 was a Seller's Market.

Key Takeaway

32174 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 32174, FL

How much do homes in 32174, FL cost?

Median Sold Price

$412,293

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$13,014(-3.1%)

Key Takeaway

Homes in 32174 have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in 32174 was $412,293 in December 2024, down 3.1% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $140K$112.5K
-19.6%
2 $314.7K$325K
+3.3%
3 $410K$384.9K
-6.1%
4 $522K$577.8K
+10.7%
5+ $694K$709.5K
+2.2%

Summary: 32174 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.6%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Zip Codes

32124
+4.3%
32136
+3.9%
32117
+3.4%
32176
-2.6%
32174
-3.1%

Housing Supply in 32174, FL

How many homes are available in 32174, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
819817-0.2%

Summary: The 32174 real estate market had 817 homes for sale in December 2024, a 0.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 155159
+2.6%
3 396383
-3.3%
4 217224
+3.2%
5+ 4848
0.0%

Summary: The 32174 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
84121+44.0%

Asking Price vs. Sold Price

92 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32174, you may be able to get a good deal. 76% of homes here sold below asking price last month.

Summary: A total of 121 homes were sold or pending in 32174 in December 2024, up by 44.0% month-over-month. Of the 121 sold homes, 76% were sold under asking, 15% were sold at asking, and 9% were sold over asking.

Days on Market for 32174, FL

How long does it take to sell a home in 32174, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
97 Days113 Days+16.8%

Summary: Homes in 32174 had an average of 113 days on market in Dec 2024, up by 16.8% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

41 Homes Were Sold
In 30 - 90 Days

66 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32174 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 121 homes were sold in 32174; 12% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 55% 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 4 Days Ago

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