$3,561 Closing Credit*
$299,900
1,260 SqFt
3 Beds
•2 Full Baths
Victoria Borges, Listing Office: EXP Realty, LLC
Is 32503, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 32503 was a Seller's Market.
Key Takeaway
32503 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 32503, FL
How much do homes in 32503, FL cost?
Median Sold Price
$342,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$12,416(+3.8%)
Key Takeaway
Homes in 32503 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 32503 was $342,000 in December 2024, up 3.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $116.2K | $148K | +27.3% |
| 2 Bedrooms | $225.5K | $271.1K | +20.2% |
| 3 Bedrooms | $310K | $330K | +6.5% |
| 4 Bedrooms | $458.5K | $425K | -7.3% |
| 5+ Bedrooms | $658.1K | $740K | +12.4% |
Summary: 32503 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Zip Codes
| 32503 | $329.5K | $342K | +3.8% |
| 32504 | $279.4K | $282K | +0.9% |
| 32505 | $169.8K | $170K | 0.1% |
| 32501 | $374K | $348.9K | -6.7% |
| 32502 | $452.2K | $370K | -18.2% |
Housing Supply in 32503, FL
How many homes are available in 32503, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 180 | 183 | +1.7% |
Summary: The 32503 real estate market had 183 homes for sale in December 2024, a 1.7% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 30 | 26 | -13.3% |
| 3 Bedrooms | 104 | 110 | +5.8% |
| 4 Bedrooms | 37 | 35 | -5.4% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 32503 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 32503, you may be able to get a good deal. 82.1% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 32503 in December 2024, up by 3.6% month-over-month. Of the 28 sold homes, 82% were sold under asking, 14% were sold at asking, and 4% were sold over asking.
Days on Market for 32503, FL
How long does it take to sell a home in 32503, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 60 Days | 75 Days | +25.5% |
Summary: Homes in 32503 had an average of 75 days on market in Dec 2024, up by 25.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32503 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 29 homes were sold in 32503; 41% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.