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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32221 is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

32221 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32221, FL

How much do homes in 32221, FL cost?

Median Sold Price

$305,250

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,750(-1.5%)

Key Takeaway

Homes in 32221 have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in 32221 was $305,250 in October 2024, down 1.5% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $191.5K$75K
-60.8%
3 $295K$282.7K
-4.2%
4 $337.9K$347.5K
+2.8%
5+ $365K$394K
+7.9%

Summary: 32221 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 60.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Zip Codes

32065
+7.3%
32210
+2.8%
32221
-1.5%
32222
-1.5%
32220
-7.9%

Housing Supply in 32221, FL

How many homes are available in 32221, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1591590.0%

Summary: The 32221 real estate market had 159 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 8074
-7.5%
4 6672
+9.1%
5+ 1212
0.0%

Summary: The 32221 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 remained the same, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3116-48.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 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. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 32221 in October 2024, down by 48.4% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% 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

Oct 2023Oct 2024CHANGE
57 Days76 Days+34.3%

Summary: Homes in 32221 had an average of 76 days on market in Oct 2024, up by 34.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32221 has remained consistent over time.

Summary: During October 2024, 16 homes were sold in 32221; 25% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 31% 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 20 Days Ago

Newest Listings in 32221, FL

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