Is 32202, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32202 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32202 was a Buyer's Market.

Key Takeaway

32202 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32202, FL

How much do homes in 32202, FL cost?

Median Sold Price

$187,500

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$87,500(-31.8%)

Key Takeaway

Homes in 32202 have sold for 31.8% less than they did a year ago.

Summary: The median home sold price in 32202 was $187,500 in October 2024, down 31.8% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $111K$109K
-1.8%
2 $314.9K$266.5K
-15.4%
3 $448K$585K
+30.6%
4 --
N/A
5+ $485K-
N/A

Summary: 32202 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 30.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

32204
+18.6%
32211
+8.0%
32207
+6.2%
32206
+2.3%
32202
-31.8%

Housing Supply in 32202, FL

How many homes are available in 32202, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1617+6.3%

Summary: The 32202 real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 99
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 32202 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32202, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 32202 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 32202, FL

How long does it take to sell a home in 32202, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days90 Days+114.3%

Summary: Homes in 32202 had an average of 90 days on market in Oct 2024, up by 114.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32202 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 32202; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in 32202, FL

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