$3,503 Closing Credit*
$294,950
1,623 SqFt
3 Beds
•2 Full Baths
Ace Khan, Listing Office: KELLER WILLIAMS REALTY GULF COAST
Is 32504, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 32504 has remained a Seller's Market.
Key Takeaway
32504 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32504, FL
How much do homes in 32504, FL cost?
Median Sold Price
$280,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,050(+0.4%)
Key Takeaway
The sold price of homes in 32504 has remained the same since last year.
Summary: The median home sold price in 32504 was $280,000 in November 2024, up 0.4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $130K | +4.0% |
| 2 Bedrooms | $179.5K | $169K | -5.8% |
| 3 Bedrooms | $270.4K | $275K | +1.7% |
| 4 Bedrooms | $410K | $370K | -9.8% |
| 5+ Bedrooms | $525K | $637.5K | +21.4% |
Summary: 32504 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 21.4%.
Median Sold Price Compared To Nearby Zip Codes
| 32503 | $325K | $342K | +5.2% |
| 32514 | $264.6K | $275K | +3.9% |
| 32504 | $278.9K | $280K | 0.4% |
Housing Supply in 32504, FL
How many homes are available in 32504, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 164 | 156 | -4.9% |
Summary: The 32504 real estate market had 156 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 32 | 36 | +12.5% |
| 3 Bedrooms | 88 | 81 | -8.0% |
| 4 Bedrooms | 33 | 28 | -15.2% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 32504 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 12.5%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 28 | -15.2% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32504, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 32504 in November 2024, down by 15.2% month-over-month. Of the 27 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for 32504, FL
How long does it take to sell a home in 32504, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 71 Days | +51.4% |
Summary: Homes in 32504 had an average of 71 days on market in Nov 2024, up by 51.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32504 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 28 homes were sold in 32504; 39% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 32% 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 2024. All rights reserved.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information 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. Data is deemed reliable but is not guaranteed accurate by the MLS.