Is 32404, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32404 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32404 was a Buyer's Market.

Key Takeaway

32404 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 32404, FL

How much do homes in 32404, FL cost?

Median Sold Price

$299,999

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$112(0.0%)

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 $299,999 in November 2024, the same as last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172K-
N/A
2 $155K$195K
+25.8%
3 $275.2K$279.9K
+1.7%
4 $314.5K$321.6K
+2.2%
5+ $378K$379K
0.3%

Summary: 32404 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Zip Codes

32401
+7.8%
32405
+7.6%
32444
+2.0%
32404
0.0%

Housing Supply in 32404, FL

How many homes are available in 32404, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
386357-7.5%

Summary: The 32404 real estate market had 357 homes for sale in November 2024, a 7.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1714
-17.6%
3 198184
-7.1%
4 136130
-4.4%
5+ 3327
-18.2%

Summary: The 32404 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 17.6%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6857-16.2%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32404, you may be able to get a good deal. 50.9% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in 32404 in November 2024, down by 16.2% month-over-month. Of the 57 sold homes, 51% were sold under asking, 33% were sold at asking, and 16% 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

Nov 2023Nov 2024CHANGE
53 Days72 Days+35.1%

Summary: Homes in 32404 had an average of 72 days on market in Nov 2024, up by 35.1% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32404 has remained consistent over time.

Summary: During November 2024, 57 homes were sold in 32404; 25% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 32% 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 32404, FL

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