Is 32304, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32304 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32304 was a Neutral Market.

Key Takeaway

32304 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32304, FL

How much do homes in 32304, FL cost?

Median Sold Price

$175,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,666(+10.5%)

Key Takeaway

Homes in 32304 have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in 32304 was $175,000 in November 2024, up 10.5% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $76.2K$106K
+39.0%
2 $127K$157K
+23.6%
3 $174.4K$180K
+3.2%
4 $223.4K$240K
+7.4%
5+ $292.5K$321.4K
+9.9%

Summary: 32304 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39%, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Zip Codes

32304
+10.5%
32301
+8.2%
32310
+1.1%
32303
+0.8%
32343
-15.9%

Housing Supply in 32304, FL

How many homes are available in 32304, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
100126+26.0%

Summary: The 32304 real estate market had 126 homes for sale in November 2024, a 26.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 913
+44.4%
2 2035
+75.0%
3 5359
+11.3%
4 1517
+13.3%
5+ 32
-33.3%

Summary: The 32304 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32304, you may be able to get a good deal. 92.3% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 32304 in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 92% were sold under asking, 0% were sold at asking, and 8% were sold over asking.

Days on Market for 32304, FL

How long does it take to sell a home in 32304, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
64 Days104 Days+63.0%

Summary: Homes in 32304 had an average of 104 days on market in Nov 2024, up by 63% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32304 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 13 homes were sold in 32304; 8% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 54% 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 22 Days Ago

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