Is 32218, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32218 is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 32218 was a Seller's Market.

Key Takeaway

32218 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32218, FL

How much do homes in 32218, FL cost?

Median Sold Price

$304,998

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$6,739(+2.3%)

Key Takeaway

Homes in 32218 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 32218 was $304,998 in September 2024, up 2.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $215K$200K
-7.0%
3 $271.6K$270K
-0.6%
4 $346.3K$350K
+1.0%
5+ $415K$399.9K
-3.6%

Summary: 32218 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 3.6%.

Median Sold Price Compared To Nearby Zip Codes

32011
+38.6%
32208
+5.5%
32218
+2.3%
32226
-0.3%
32219
-1.9%

Housing Supply in 32218, FL

How many homes are available in 32218, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
372357-4.0%

Summary: The 32218 real estate market had 357 homes for sale in September 2024, a 4.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 201196
-2.5%
4 129116
-10.1%
5+ 2831
+10.7%

Summary: The 32218 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 10.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
7645-40.8%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32218, you may be able to get a good deal. 64.4% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in 32218 in September 2024, down by 40.8% month-over-month. Of the 45 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for 32218, FL

How long does it take to sell a home in 32218, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
60 Days61 Days0.2%

Summary: Homes in 32218 had an average of 61 days on market in Sep 2024, up by 0.2% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32218 has remained consistent over time.

Summary: During September 2024, 45 homes were sold in 32218; 36% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 18% 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 30 Days Ago

Newest Listings in 32218, FL

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