$47,000
0.25 Acres
Land
Listing Office: Counts Real Estate Group Inc
Is 32404, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 32404 has remained a Seller's Market.
Key Takeaway
32404 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32404, FL
How much do homes in 32404, FL cost?
Median Sold Price
$300,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$967(+0.3%)
Key Takeaway
The sold price of homes in 32404 has remained the same since last year.
Summary: The median home sold price in 32404 was $300,000 in October 2024, up 0.3% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172K | - | N/A |
| 2 Bedrooms | $157K | $190K | +21.0% |
| 3 Bedrooms | $275.2K | $279.9K | +1.7% |
| 4 Bedrooms | $314K | $321.6K | +2.4% |
| 5+ Bedrooms | $377.1K | $374.9K | -0.6% |
Summary: 32404 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 increased by 21%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in 32404, FL
How many homes are available in 32404, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 405 | 375 | -7.4% |
Summary: The 32404 real estate market had 375 homes for sale in October 2024, a 7.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 17 | 18 | +5.9% |
| 3 Bedrooms | 210 | 193 | -8.1% |
| 4 Bedrooms | 141 | 131 | -7.1% |
| 5+ Bedrooms | 36 | 31 | -13.9% |
Summary: The 32404 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 13.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 66 | -19.5% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32404, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 66 homes were sold or pending in 32404 in October 2024, down by 19.5% month-over-month. Of the 66 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% were sold over asking.
Days on Market for 32404, FL
How long does it take to sell a home in 32404, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 75 Days | +30.9% |
Summary: Homes in 32404 had an average of 75 days on market in Oct 2024, up by 30.9% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32404 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 66 homes were sold in 32404; 38% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.