Is 32259, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32259 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32259 was a Seller's Market.

Key Takeaway

32259 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 32259, FL

How much do homes in 32259, FL cost?

Median Sold Price

$524,734

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,772(-3.3%)

Key Takeaway

Homes in 32259 have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in 32259 was $524,734 in October 2024, down 3.3% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $425K-
N/A
2 $381.8K$359.5K
-5.8%
3 $434.7K$428.7K
-1.4%
4 $575K$567.6K
-1.3%
5+ $763.5K$759K
-0.6%

Summary: 32259 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 5.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

32256
+7.1%
32258
+5.2%
32223
+4.6%
32003
+3.5%
32259
-3.3%

Housing Supply in 32259, FL

How many homes are available in 32259, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
603588-2.5%

Summary: The 32259 real estate market had 588 homes for sale in October 2024, a 2.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 6360
-4.8%
3 192196
+2.1%
4 253244
-3.6%
5+ 9588
-7.4%

Summary: The 32259 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 4.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 7.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11793-20.5%

Asking Price vs. Sold Price

66 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32259, you may be able to get a good deal. 71% of homes here sold below asking price last month.

Summary: A total of 93 homes were sold or pending in 32259 in October 2024, down by 20.5% month-over-month. Of the 93 sold homes, 71% were sold under asking, 22% were sold at asking, and 8% were sold over asking.

Days on Market for 32259, FL

How long does it take to sell a home in 32259, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days90 Days+57.8%

Summary: Homes in 32259 had an average of 90 days on market in Oct 2024, up by 57.8% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

35 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32259 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 93 homes were sold in 32259; 32% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 38% 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

Newest Listings in 32259, FL

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