$2,672 Closing Credit*
$225,000
1,050 SqFt
3 Beds
•2 Full Baths
Thong tommy Huynh, Listing Office: TEAM SANDY BLANTON REALTY, INC
Is 32534, 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, 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
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,600(+1.9%)
Key Takeaway
Homes in 32534 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 32534 was $249,600 in October 2024, up 1.9% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | - | N/A |
| 2 Bedrooms | $132.5K | $204K | +54.0% |
| 3 Bedrooms | $240K | $246.4K | +2.7% |
| 4 Bedrooms | $295K | $292.9K | -0.7% |
| 5+ Bedrooms | $347K | $327.5K | -5.6% |
Summary: 32534 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 54%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Zip Codes
| 32533 | $316.3K | $338.9K | +7.2% |
| 32503 | $323.5K | $343K | +6.0% |
| 32514 | $261.7K | $274.7K | +4.9% |
| 32534 | $245K | $249.6K | +1.9% |
| 32505 | $170K | $171.6K | +1.0% |
Housing Supply in 32534, FL
How many homes are available in 32534, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 98 | 94 | -4.1% |
Summary: The 32534 real estate market had 94 homes for sale in October 2024, a 4.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 69 | 67 | -2.9% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 32534 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 remained the same, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32534, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 32534 in October 2024, down by 13.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 51 Days | +67.8% |
Summary: Homes in 32534 had an average of 51 days on market in Oct 2024, up by 67.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 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 October 2024, 13 homes were sold in 32534; 62% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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.