$40,000
0.22 Acres
Land
Alexia Stafford, Listing Office: TEAM SANDY BLANTON REALTY, INC
Is 32505, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 32505 was a Seller's Market.
Key Takeaway
32505 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32505, FL
How much do homes in 32505, FL cost?
Median Sold Price
$171,666
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,666(+1.0%)
Key Takeaway
Homes in 32505 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 32505 was $171,666 in October 2024, up 1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $135K | -6.9% |
| 2 Bedrooms | $72.5K | $135K | +86.2% |
| 3 Bedrooms | $170K | $170K | 0.0% |
| 4 Bedrooms | $190.5K | $211.5K | +11.0% |
| 5+ Bedrooms | $213.5K | $580K | +171.7% |
Summary: 32505 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 86.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 171.7%.
Median Sold Price Compared To Nearby Zip Codes
| 32503 | $323.5K | $343K | +6.0% |
| 32506 | $254.5K | $260K | +2.2% |
| 32505 | $170K | $171.6K | +1.0% |
| 32501 | $371.2K | $342.5K | -7.7% |
| 32502 | $456K | $380K | -16.7% |
Housing Supply in 32505, FL
How many homes are available in 32505, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 176 | 185 | +5.1% |
Summary: The 32505 real estate market had 185 homes for sale in October 2024, a 5.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 22 | 22 | 0.0% |
| 3 Bedrooms | 109 | 119 | +9.2% |
| 4 Bedrooms | 34 | 31 | -8.8% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 32505 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32505, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 32505 in October 2024, up by 4.2% month-over-month. Of the 19 sold homes, 68% were sold under asking, 11% were sold at asking, and 21% were sold over asking.
Days on Market for 32505, FL
How long does it take to sell a home in 32505, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 68 Days | +67.6% |
Summary: Homes in 32505 had an average of 68 days on market in Oct 2024, up by 67.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 32505 has remained consistent over time.
Summary: During October 2024, 25 homes were sold in 32505; 36% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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