Is 32405, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32405 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32405 was a Seller's Market.

Key Takeaway

32405 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 32405, FL

How much do homes in 32405, FL cost?

Median Sold Price

$331,250

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,437(+7.6%)

Key Takeaway

Homes in 32405 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 32405 was $331,250 in November 2024, up 7.6% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $105K$116K
+10.5%
2 $205K$247K
+20.5%
3 $289.8K$289.9K
0.0%
4 $391K$430K
+10.0%
5+ $590K$763.8K
+29.5%

Summary: 32405 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 20.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 29.5%.

Median Sold Price Compared To Nearby Zip Codes

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

Housing Supply in 32405, FL

How many homes are available in 32405, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
234208-11.1%

Summary: The 32405 real estate market had 208 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2313
-43.5%
3 149136
-8.7%
4 4545
0.0%
5+ 1714
-17.6%

Summary: The 32405 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 43.5%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 17.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2931+6.9%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32405, you may be able to get a good deal. 80.6% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 32405 in November 2024, up by 6.9% month-over-month. Of the 31 sold homes, 81% were sold under asking, 19% were sold at asking, and 0% were sold over asking.

Days on Market for 32405, FL

How long does it take to sell a home in 32405, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days77 Days+71.1%

Summary: Homes in 32405 had an average of 77 days on market in Nov 2024, up by 71.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32405 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 31 homes were sold in 32405; 29% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 45% 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 32405, FL

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