$3,551 Closing Credit*
$299,000
2,368 SqFt
3 Beds
•2 Full Baths
Opey Coulter, Listing Office: Coldwell Banker Realty
Is 32534, 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, 32534 was a Seller's Market.
Key Takeaway
32534 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32534, FL
How much do homes in 32534, FL cost?
Median Sold Price
$249,600
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,600(+2.7%)
Key Takeaway
Homes in 32534 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 32534 was $249,600 in November 2024, up 2.7% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | - | N/A |
| 2 Bedrooms | $155K | $200K | +29.0% |
| 3 Bedrooms | $240K | $245.9K | +2.5% |
| 4 Bedrooms | $290K | $293.5K | +1.2% |
| 5+ Bedrooms | $347K | $327.5K | -5.6% |
Summary: 32534 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Zip Codes
| 32533 | $319.6K | $336.2K | +5.2% |
| 32503 | $325K | $342K | +5.2% |
| 32514 | $264.6K | $275K | +3.9% |
| 32534 | $243K | $249.6K | +2.7% |
| 32505 | $169.9K | $173K | +1.8% |
Housing Supply in 32534, FL
How many homes are available in 32534, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 85 | +2.4% |
Summary: The 32534 real estate market had 85 homes for sale in November 2024, a 2.4% 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 | 8 | 8 | 0.0% |
| 3 Bedrooms | 57 | 58 | +1.8% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 32534 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 remained the same, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 7 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 32534, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 32534 in November 2024, down by 50.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 32534, FL
How long does it take to sell a home in 32534, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 35 Days | -4.6% |
Summary: Homes in 32534 had an average of 35 days on market in Nov 2024, down by 4.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32534 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 32534; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% 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.