Is 32221, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32221 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32221 was a Seller's Market.

Key Takeaway

32221 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 32221, FL

How much do homes in 32221, FL cost?

Median Sold Price

$308,300

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,300(+0.4%)

Key Takeaway

The sold price of homes in 32221 has remained the same since last year.

Summary: The median home sold price in 32221 was $308,300 in November 2024, up 0.4% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $183K$75K
-59.0%
3 $290K$283.2K
-2.3%
4 $334K$345K
+3.3%
5+ $365K$393K
+7.7%

Summary: 32221 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 59%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Zip Codes

32065
+10.6%
32210
+1.0%
32221
0.4%
32222
-1.5%
32220
-6.3%

Housing Supply in 32221, FL

How many homes are available in 32221, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
157160+1.9%

Summary: The 32221 real estate market had 160 homes for sale in November 2024, a 1.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 7573
-2.7%
4 6872
+5.9%
5+ 1314
+7.7%

Summary: The 32221 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 remained the same, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2023+15.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32221, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 32221 in November 2024, up by 15.0% month-over-month. Of the 23 sold homes, 52% were sold under asking, 39% were sold at asking, and 9% were sold over asking.

Days on Market for 32221, FL

How long does it take to sell a home in 32221, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days58 Days+19.6%

Summary: Homes in 32221 had an average of 58 days on market in Nov 2024, up by 19.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32221 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in 32221; 43% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 22% 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 21 Days Ago

Newest Listings in 32221, FL

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