Is 32347, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32347 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 32347 has remained a Seller's Market.

Key Takeaway

32347 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32347, FL

How much do homes in 32347, FL cost?

Median Sold Price

$175,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$10,000(-5.4%)

Key Takeaway

Homes in 32347 have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in 32347 was $175,000 in December 2024, down 5.4% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $199K-
N/A
2 $137K$111K
-19.0%
3 $199K$170K
-14.6%
4 $258K$203.7K
-21.0%
5+ $400K-
N/A

Summary: 32347 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

32340
+16.8%
32347
-5.4%

Housing Supply in 32347, FL

How many homes are available in 32347, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2531+24.0%

Summary: The 32347 real estate market had 31 homes for sale in December 2024, a 24.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1419
+35.7%
4 66
0.0%
5+ 22
0.0%

Summary: The 32347 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 increased by 33.3%, 3 bedroom homes increased by 35.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32347, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 32347 in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for 32347, FL

How long does it take to sell a home in 32347, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days152 Days+226.4%

Summary: Homes in 32347 had an average of 152 days on market in Dec 2024, up by 226.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32347 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 6 homes were sold in 32347; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% 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 32347, FL

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