Is 32176, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32176 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 32176 has remained a Buyer's Market.

Key Takeaway

32176 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32176, FL

How much do homes in 32176, FL cost?

Median Sold Price

$395,000

$297/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,387(-0.4%)

Key Takeaway

The sold price of homes in 32176 has remained the same since last year.

Summary: The median home sold price in 32176 was $395,000 in November 2024, down 0.4% from last year, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $227.4K$215K
-5.5%
2 $355K$335K
-5.6%
3 $465K$463.1K
-0.4%
4 $710K$640K
-9.9%
5+ $925K$640K
-30.8%

Summary: 32176 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes decreased by 30.8%.

Median Sold Price Compared To Nearby Zip Codes

32118
+1.3%
32136
+0.9%
32176
-0.4%
32174
-2.1%

Housing Supply in 32176, FL

How many homes are available in 32176, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
436448+2.8%

Summary: The 32176 real estate market had 448 homes for sale in November 2024, a 2.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 89
+12.5%
2 220234
+6.4%
3 136137
+0.7%
4 5046
-8.0%
5+ 2222
0.0%

Summary: The 32176 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3721-43.2%

Asking Price vs. Sold Price

18 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 32176, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 32176 in November 2024, down by 43.2% month-over-month. Of the 21 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for 32176, FL

How long does it take to sell a home in 32176, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
200 Days92 Days-54.0%

Summary: Homes in 32176 had an average of 92 days on market in Nov 2024, down by 54% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32176 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 21 homes were sold in 32176; 33% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 38% 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 22 Days Ago

Newest Listings in 32176, FL

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