Is 32234, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32234 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32234 was a Neutral Market.

Key Takeaway

32234 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32234, FL

How much do homes in 32234, FL cost?

Median Sold Price

$277,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,450(-3.6%)

Key Takeaway

Homes in 32234 have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in 32234 was $277,000 in November 2024, down 3.6% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $168K$190K
+13.1%
3 $272.9K$259.9K
-4.7%
4 $310K$315K
+1.6%
5+ $367K$361K
-1.6%

Summary: 32234 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 increased by 13.1%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

32058
+21.0%
32221
0.4%
32063
-3.3%
32234
-3.6%
32068
-4.6%

Housing Supply in 32234, FL

How many homes are available in 32234, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3841+7.9%

Summary: The 32234 real estate market had 41 homes for sale in November 2024, a 7.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 2424
0.0%
4 1113
+18.2%
5+ 33
0.0%

Summary: The 32234 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 remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32234, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 32234 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 32234, FL

How long does it take to sell a home in 32234, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
85 Days98 Days+15.2%

Summary: Homes in 32234 had an average of 98 days on market in Nov 2024, up by 15.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32234 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in 32234; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 18 Days Ago

Newest Listings in 32234, FL

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