$3,324 Closing Credit*
$279,900
1,856 SqFt
4 Beds
•2 Full Baths
Jennifer Amberg, Listing Office: Palm Island Realty Group, LLC
Is 32571, 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, 32571 has remained a Seller's Market.
Key Takeaway
32571 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32571, FL
How much do homes in 32571, FL cost?
Median Sold Price
$341,863
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,170(+4.6%)
Key Takeaway
Homes in 32571 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 32571 was $341,863 in November 2024, up 4.6% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.8K | $358K | +107.2% |
| 2 Bedrooms | $195K | $211K | +8.2% |
| 3 Bedrooms | $297.6K | $295.1K | -0.8% |
| 4 Bedrooms | $340.8K | $375K | +10.0% |
| 5+ Bedrooms | $449.9K | $570K | +26.7% |
Summary: 32571 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 107.2%, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 26.7%.
Median Sold Price Compared To Nearby Zip Codes
| 32533 | $319.6K | $336.2K | +5.2% |
| 32571 | $326.6K | $341.8K | +4.6% |
| 32514 | $264.6K | $275K | +3.9% |
| 32577 | $384.9K | $375K | -2.6% |
| 32583 | $318.2K | $300.4K | -5.6% |
Housing Supply in 32571, FL
How many homes are available in 32571, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 278 | 274 | -1.4% |
Summary: The 32571 real estate market had 274 homes for sale in November 2024, a 1.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 126 | 130 | +3.2% |
| 4 Bedrooms | 127 | 118 | -7.1% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The 32571 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 3.2%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 51 | -7.3% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32571, you may be able to get a good deal. 54% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in 32571 in November 2024, down by 7.3% month-over-month. Of the 50 sold homes, 54% were sold under asking, 28% were sold at asking, and 18% were sold over asking.
Days on Market for 32571, FL
How long does it take to sell a home in 32571, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 58 Days | +27.8% |
Summary: Homes in 32571 had an average of 58 days on market in Nov 2024, up by 27.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32571 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 51 homes were sold in 32571; 41% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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