Is 32207, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32207 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32207 was a Seller's Market.

Key Takeaway

32207 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 32207, FL

How much do homes in 32207, FL cost?

Median Sold Price

$304,498

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,898(+6.2%)

Key Takeaway

Homes in 32207 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 32207 was $304,498 in October 2024, up 6.2% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $144.9K$172.5K
+19.0%
2 $210K$230K
+9.5%
3 $287.6K$298.4K
+3.8%
4 $367.5K$335K
-8.8%
5+ $805K$629.9K
-21.7%

Summary: 32207 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 21.7%.

Median Sold Price Compared To Nearby Zip Codes

32211
+8.0%
32216
+7.3%
32217
+6.7%
32207
+6.2%
32202
-31.8%

Housing Supply in 32207, FL

How many homes are available in 32207, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
223215-3.6%

Summary: The 32207 real estate market had 215 homes for sale in October 2024, a 3.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 710
+42.9%
2 5557
+3.6%
3 114101
-11.4%
4 3433
-2.9%
5+ 1314
+7.7%

Summary: The 32207 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5133-35.3%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32207, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 32207 in October 2024, down by 35.3% month-over-month. Of the 33 sold homes, 55% were sold under asking, 39% were sold at asking, and 6% were sold over asking.

Days on Market for 32207, FL

How long does it take to sell a home in 32207, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days47 Days+23.3%

Summary: Homes in 32207 had an average of 47 days on market in Oct 2024, up by 23.3% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32207 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 33 homes were sold in 32207; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 15% 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

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