$129,000
10.00 Acres
Land
Ranae Stewart, Listing Office: EXIT REALTY N. F. I.
Is 32565, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 32565 has remained a Neutral Market.
Key Takeaway
32565 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 32565, FL
How much do homes in 32565, FL cost?
Median Sold Price
$355,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$82,010(+30.0%)
Key Takeaway
Homes in 32565 have sold for 30% more than they did a year ago.
Summary: The median home sold price in 32565 was $355,000 in November 2024, up 30% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | - | N/A |
| 2 Bedrooms | $172K | $164.9K | -4.1% |
| 3 Bedrooms | $242.4K | $300K | +23.7% |
| 4 Bedrooms | $285.4K | $422.4K | +48.0% |
| 5+ Bedrooms | $672.9K | $539.9K | -19.8% |
Summary: 32565 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 decreased by 4.1%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 48%, and 5+ bedroom homes decreased by 19.8%.
Median Sold Price Compared To Nearby Zip Codes
| 32565 | $272.9K | $355K | +30.0% |
| 32535 | $155K | $171.2K | +10.5% |
| 36441 | $166.9K | $175K | +4.9% |
| 32570 | $299.9K | $313K | +4.4% |
| 32577 | $384.9K | $375K | -2.6% |
Housing Supply in 32565, FL
How many homes are available in 32565, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 48 | 0.0% |
Summary: The 32565 real estate market had 48 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 32565 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 decreased by 12.5%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 32565, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 32565 in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for 32565, FL
How long does it take to sell a home in 32565, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 62 Days | +44.5% |
Summary: Homes in 32565 had an average of 62 days on market in Nov 2024, up by 44.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 32565 has remained consistent over time.
Summary: During November 2024, 8 homes were sold in 32565; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% 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.