$2,316 Closing Credit*
$195,000
1,296 SqFt
3 Beds
•2 Full Baths
Listing Office: Panhandle Realty LLC
Is 32428, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 32428 was a Seller's Market.
Key Takeaway
32428 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32428, FL
How much do homes in 32428, FL cost?
Median Sold Price
$236,490
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,510(-1.5%)
Key Takeaway
Homes in 32428 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 32428 was $236,490 in November 2024, down 1.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83.5K | $77.4K | -7.2% |
| 2 Bedrooms | $140K | $184.2K | +31.6% |
| 3 Bedrooms | $244.5K | $220.4K | -9.8% |
| 4 Bedrooms | $265K | $250.4K | -5.5% |
| 5+ Bedrooms | $580.4K | $502K | -13.5% |
Summary: 32428 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes increased by 31.6%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 13.5%.
Median Sold Price Compared To Nearby Zip Codes
| 32428 | $240K | $236.4K | -1.5% |
| 32420 | $170.5K | $165K | -3.2% |
Housing Supply in 32428, FL
How many homes are available in 32428, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 107 | +11.5% |
Summary: The 32428 real estate market had 107 homes for sale in November 2024, a 11.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 60 | 63 | +5.0% |
| 4 Bedrooms | 15 | 20 | +33.3% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 32428 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 increased by 7.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32428, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 32428 in November 2024, up by 50.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 33% were sold at asking, and 13% were sold over asking.
Days on Market for 32428, FL
How long does it take to sell a home in 32428, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 65 Days | +55.9% |
Summary: Homes in 32428 had an average of 65 days on market in Nov 2024, up by 55.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32428 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 32428; 47% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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