Is 32220, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32220 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32220 was a Seller's Market.

Key Takeaway

32220 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32220, FL

How much do homes in 32220, FL cost?

Median Sold Price

$272,450

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,290(-6.3%)

Key Takeaway

Homes in 32220 have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in 32220 was $272,450 in November 2024, down 6.3% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $228.4K$223.9K
-2.0%
3 $285K$255K
-10.5%
4 $313.7K$324.9K
+3.6%
5+ $399K-
N/A

Summary: 32220 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 2%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

32254
+10.5%
32221
0.4%
32219
-2.4%
32220
-6.3%

Housing Supply in 32220, FL

How many homes are available in 32220, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5760+5.3%

Summary: The 32220 real estate market had 60 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 3033
+10.0%
4 2523
-8.0%
5+ 00
0.0%

Summary: The 32220 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 100%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32220, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 32220 in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 32220, FL

How long does it take to sell a home in 32220, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
57 Days29 Days-49.2%

Summary: Homes in 32220 had an average of 29 days on market in Nov 2024, down by 49.2% compared to last year.

Breakdown of Home Sale Times

4 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

Many homes in 32220 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 32220; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 26 Days Ago

Newest Listings in 32220, FL

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