Is 32256, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32256 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32256 was a Seller's Market.

Key Takeaway

32256 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 32256, FL

How much do homes in 32256, FL cost?

Median Sold Price

$404,666

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,703(+7.1%)

Key Takeaway

Homes in 32256 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 32256 was $404,666 in October 2024, up 7.1% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $161.2K$165K
+2.3%
2 $258.9K$246K
-5.0%
3 $376.6K$399K
+5.9%
4 $593.5K$595K
0.3%
5+ $709.2K$820K
+15.6%

Summary: 32256 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 15.6%.

Median Sold Price Compared To Nearby Zip Codes

32224
+10.8%
32256
+7.1%
32258
+5.2%
32246
+1.5%
32257
+1.2%

Housing Supply in 32256, FL

How many homes are available in 32256, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
408447+9.6%

Summary: The 32256 real estate market had 447 homes for sale in October 2024, a 9.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1212
0.0%
2 121141
+16.5%
3 174186
+6.9%
4 7778
+1.3%
5+ 2430
+25.0%

Summary: The 32256 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 increased by 16.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5467+24.1%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32256, you may be able to get a good deal. 62.7% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in 32256 in October 2024, up by 24.1% month-over-month. Of the 67 sold homes, 63% were sold under asking, 30% were sold at asking, and 7% were sold over asking.

Days on Market for 32256, FL

How long does it take to sell a home in 32256, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days75 Days+22.4%

Summary: Homes in 32256 had an average of 75 days on market in Oct 2024, up by 22.4% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32256 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 67 homes were sold in 32256; 46% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 17 Days Ago

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