$9,132 Closing Credit*
$769,000
1,135 SqFt
2 Beds
•2 Full Baths
Lyndsay E Bastion, Listing Office: Critical Mass Realty LLC
Is 32561, 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, 32561 was a Seller's Market.
Key Takeaway
32561 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32561, FL
How much do homes in 32561, FL cost?
Median Sold Price
$732,000
$469/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$62,000(+9.3%)
Key Takeaway
Homes in 32561 have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in 32561 was $732,000 in November 2024, up 9.3% from last year, and the median price per square foot was $469.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $367.5K | $389K | +5.9% |
| 2 Bedrooms | $602.5K | $559.5K | -7.1% |
| 3 Bedrooms | $715K | $875K | +22.4% |
| 4 Bedrooms | $819.9K | $1.0M | +22.8% |
| 5+ Bedrooms | $1.5M | $1.9M | +23.3% |
Summary: 32561 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 23.3%.
Housing Supply in 32561, FL
How many homes are available in 32561, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 165 | 169 | +2.4% |
Summary: The 32561 real estate market had 169 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 | 7 | 7 | 0.0% |
| 2 Bedrooms | 68 | 74 | +8.8% |
| 3 Bedrooms | 30 | 30 | 0.0% |
| 4 Bedrooms | 39 | 37 | -5.1% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The 32561 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 8.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32561, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 32561 in November 2024, up by 5.6% month-over-month. Of the 19 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.
Days on Market for 32561, FL
How long does it take to sell a home in 32561, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 63 Days | +33.7% |
Summary: Homes in 32561 had an average of 63 days on market in Nov 2024, up by 33.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32561 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 32561; 68% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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.