Is 32514, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32514 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32514 was a Seller's Market.

Key Takeaway

32514 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32514, FL

How much do homes in 32514, FL cost?

Median Sold Price

$274,748

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,957(+4.9%)

Key Takeaway

Homes in 32514 have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in 32514 was $274,748 in October 2024, up 4.9% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $310K-
N/A
2 $170K$182.9K
+7.6%
3 $260.7K$266.8K
+2.3%
4 $322K$340.4K
+5.7%
5+ $357.5K$505K
+41.3%

Summary: 32514 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 41.3%.

Median Sold Price Compared To Nearby Zip Codes

32533
+7.2%
32514
+4.9%
32571
+4.4%
32504
+2.9%
32534
+1.9%

Housing Supply in 32514, FL

How many homes are available in 32514, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
203210+3.4%

Summary: The 32514 real estate market had 210 homes for sale in October 2024, a 3.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2930
+3.4%
3 128132
+3.1%
4 3841
+7.9%
5+ 87
-12.5%

Summary: The 32514 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4230-28.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32514, expect to pay close to the asking price. 35.7% of homes here sold near the asking price last month.

Summary: A total of 30 homes were sold or pending in 32514 in October 2024, down by 28.6% month-over-month. Of the 28 sold homes, 29% were sold under asking, 36% were sold at asking, and 36% were sold over asking.

Days on Market for 32514, FL

How long does it take to sell a home in 32514, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days51 Days+77.0%

Summary: Homes in 32514 had an average of 51 days on market in Oct 2024, up by 77% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32514 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 30 homes were sold in 32514; 47% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 23% 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 32514, FL

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