Is 32401, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32401 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32401 was a Seller's Market.

Key Takeaway

32401 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32401, FL

How much do homes in 32401, FL cost?

Median Sold Price

$261,500

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,833(+7.8%)

Key Takeaway

Homes in 32401 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 32401 was $261,500 in November 2024, up 7.8% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165.5K$182K
+10.0%
2 $207.4K$198K
-4.6%
3 $230K$256.5K
+11.5%
4 $377.5K$365K
-3.3%
5+ $434K$805K
+85.5%

Summary: 32401 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 85.5%.

Median Sold Price Compared To Nearby Zip Codes

32401
+7.8%
32405
+7.6%
32404
0.0%

Housing Supply in 32401, FL

How many homes are available in 32401, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
175170-2.9%

Summary: The 32401 real estate market had 170 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1010
0.0%
2 3433
-2.9%
3 9288
-4.3%
4 2624
-7.7%
5+ 1315
+15.4%

Summary: The 32401 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1920+5.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32401, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 32401 in November 2024, up by 5.3% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and 5% were sold over asking.

Days on Market for 32401, FL

How long does it take to sell a home in 32401, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days65 Days+18.8%

Summary: Homes in 32401 had an average of 65 days on market in Nov 2024, up by 18.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32401 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in 32401; 40% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in 32401, FL

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