$1,425 Closing Credit*
$120,000
996 SqFt
3 Beds
•1 Full Bath
TANIA HIDALGO, Listing Office: SUNCOAST PROPERTY MANAGEMENT LLC
Is 32218, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 32218 was a Seller's Market.
Key Takeaway
32218 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 32218, FL
How much do homes in 32218, FL cost?
Median Sold Price
$299,225
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$775(-0.3%)
Key Takeaway
The sold price of homes in 32218 has remained the same since last year.
Summary: The median home sold price in 32218 was $299,225 in November 2024, down 0.3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $207K | $200K | -3.4% |
| 3 Bedrooms | $272.5K | $262.3K | -3.7% |
| 4 Bedrooms | $345K | $349.5K | +1.3% |
| 5+ Bedrooms | $395K | $400K | +1.3% |
Summary: 32218 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.4%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 1.3%.
Housing Supply in 32218, FL
How many homes are available in 32218, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 395 | 399 | +1.0% |
Summary: The 32218 real estate market had 399 homes for sale in November 2024, a 1.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 17 | +41.7% |
| 3 Bedrooms | 211 | 209 | -0.9% |
| 4 Bedrooms | 139 | 137 | -1.4% |
| 5+ Bedrooms | 33 | 36 | +9.1% |
Summary: The 32218 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 58 | -9.4% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32218, you may be able to get a good deal. 62.1% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in 32218 in November 2024, down by 9.4% month-over-month. Of the 58 sold homes, 62% were sold under asking, 28% were sold at asking, and 10% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 72 Days | +26.1% |
Summary: Homes in 32218 had an average of 72 days on market in Nov 2024, up by 26.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 32218 has remained consistent over time.
Summary: During November 2024, 58 homes were sold in 32218; 28% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.