Is 32311, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32311 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 32311 has remained a Seller's Market.

Key Takeaway

32311 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32311, FL

How much do homes in 32311, FL cost?

Median Sold Price

$337,506

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$7,793(-2.3%)

Key Takeaway

Homes in 32311 have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in 32311 was $337,506 in December 2024, down 2.3% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $134.9K$210K
+55.6%
2 $197K$197.9K
0.5%
3 $310K$334.5K
+7.9%
4 $556.2K$550K
-1.1%
5+ $712.5K$1.0M
+40.4%

Summary: 32311 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.6%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 40.4%.

Median Sold Price Compared To Nearby Zip Codes

32301
+6.1%
32317
+2.8%
32308
-0.8%
32311
-2.3%

Housing Supply in 32311, FL

How many homes are available in 32311, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8991+2.2%

Summary: The 32311 real estate market had 91 homes for sale in December 2024, a 2.2% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1513
-13.3%
3 5052
+4.0%
4 1821
+16.7%
5+ 65
-16.7%

Summary: The 32311 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2028+40.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32311, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 32311 in December 2024, up by 40.0% month-over-month. Of the 28 sold homes, 64% were sold under asking, 11% were sold at asking, and 25% were sold over asking.

Days on Market for 32311, FL

How long does it take to sell a home in 32311, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
38 Days35 Days-7.6%

Summary: Homes in 32311 had an average of 35 days on market in Dec 2024, down by 7.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32311 has remained consistent over time.

Summary: During December 2024, 28 homes were sold in 32311; 39% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 4% 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 2 Days Ago

Newest Listings in 32311, FL

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