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 October 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

$268,972

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$23,018(-7.9%)

Key Takeaway

Homes in 32220 have sold for 7.9% less than they did a year ago.

Summary: The median home sold price in 32220 was $268,972 in October 2024, down 7.9% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $231.6K$223.9K
-3.3%
3 $284K$256K
-9.9%
4 $314.7K$324.9K
+3.3%
5+ $392K$440K
+12.2%

Summary: 32220 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Zip Codes

32254
+15.5%
32219
-1.4%
32221
-1.5%
32220
-7.9%

Housing Supply in 32220, FL

How many homes are available in 32220, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4754+14.9%

Summary: The 32220 real estate market had 54 homes for sale in October 2024, a 14.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 2529
+16.0%
4 1722
+29.4%
5+ 00
0.0%

Summary: The 32220 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

1 Home Was 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, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 32220 in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
85 Days103 Days+20.9%

Summary: Homes in 32220 had an average of 103 days on market in Oct 2024, up by 20.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were 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 October 2024, 5 homes were sold in 32220; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 23 Days Ago

Newest Listings in 32220, FL

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