$7,125 Closing Credit*
$600,000
2,453 SqFt
4 Beds
•3 Full Baths
Haley Hamaker, Listing Office: EXP Realty, LLC
Is 32583, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 32583 has remained a Seller's Market.
Key Takeaway
32583 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32583, FL
How much do homes in 32583, FL cost?
Median Sold Price
$299,940
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$18,921(-5.9%)
Key Takeaway
Homes in 32583 have sold for 5.9% less than they did a year ago.
Summary: The median home sold price in 32583 was $299,940 in October 2024, down 5.9% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $210K | +40.0% |
| 2 Bedrooms | $275K | $225.9K | -17.9% |
| 3 Bedrooms | $279.2K | $267K | -4.4% |
| 4 Bedrooms | $339.9K | $332.9K | -2.1% |
| 5+ Bedrooms | $380.9K | $380K | -0.2% |
Summary: 32583 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 0.2%.
Housing Supply in 32583, FL
How many homes are available in 32583, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 284 | 282 | -0.7% |
Summary: The 32583 real estate market had 282 homes for sale in October 2024, a 0.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 131 | 134 | +2.3% |
| 4 Bedrooms | 118 | 112 | -5.1% |
| 5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The 32583 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 increased by 2.3%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 60 | +33.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32583, expect to pay close to the asking price. 46.6% of homes here sold near the asking price last month.
Summary: A total of 60 homes were sold or pending in 32583 in October 2024, up by 33.3% month-over-month. Of the 58 sold homes, 43% were sold under asking, 47% were sold at asking, and 10% were sold over asking.
Days on Market for 32583, FL
How long does it take to sell a home in 32583, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 73 Days | +30.9% |
Summary: Homes in 32583 had an average of 73 days on market in Oct 2024, up by 30.9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32583 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 60 homes were sold in 32583; 45% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
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.