$175,000
0.26 Acres
Land
Christopher O Marsh, Listing Office: Northwest Florida Real Estate
Is 32563, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 32563 was a Seller's Market.
Key Takeaway
32563 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 32563, FL
How much do homes in 32563, FL cost?
Median Sold Price
$415,666
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$5,666(+1.4%)
Key Takeaway
Homes in 32563 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 32563 was $415,666 in December 2024, up 1.4% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $155K | 0.0% |
| 2 Bedrooms | $279K | $280K | 0.4% |
| 3 Bedrooms | $360K | $369.7K | +2.7% |
| 4 Bedrooms | $445K | $499.9K | +12.3% |
| 5+ Bedrooms | $670K | $720K | +7.5% |
Summary: 32563 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Zip Codes
| 32561 | $675K | $725K | +7.4% |
| 32566 | $419.9K | $435K | +3.6% |
| 32563 | $410K | $415.6K | +1.4% |
Housing Supply in 32563, FL
How many homes are available in 32563, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 250 | 231 | -7.6% |
Summary: The 32563 real estate market had 231 homes for sale in December 2024, a 7.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 127 | 119 | -6.3% |
| 4 Bedrooms | 74 | 70 | -5.4% |
| 5+ Bedrooms | 31 | 25 | -19.4% |
Summary: The 32563 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 19.4%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 51 | 34 | -33.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32563, you may be able to get a good deal. 65.6% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 32563 in December 2024, down by 33.3% month-over-month. Of the 32 sold homes, 66% were sold under asking, 25% were sold at asking, and 9% were sold over asking.
Days on Market for 32563, FL
How long does it take to sell a home in 32563, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 41 Days | 61 Days | +48.2% |
Summary: Homes in 32563 had an average of 61 days on market in Dec 2024, up by 48.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32563 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 34 homes were sold in 32563; 35% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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