Is 32605, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32605 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32605 was a Seller's Market.

Key Takeaway

32605 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 32605, FL

How much do homes in 32605, FL cost?

Median Sold Price

$303,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,100(+1.0%)

Key Takeaway

Homes in 32605 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 32605 was $303,000 in October 2024, up 1% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $119.5K$127.5K
+6.7%
2 $222.5K$219.7K
-1.3%
3 $285.8K$295K
+3.2%
4 $402K$435K
+8.2%
5+ $572K$507K
-11.4%

Summary: 32605 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 11.4%.

Median Sold Price Compared To Nearby Zip Codes

32606
+1.1%
32605
+1.0%
32607
0.2%
32601
-3.4%
32603
-14.3%

Housing Supply in 32605, FL

How many homes are available in 32605, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
130124-4.6%

Summary: The 32605 real estate market had 124 homes for sale in October 2024, a 4.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 1621
+31.3%
3 6767
0.0%
4 3828
-26.3%
5+ 54
-20.0%

Summary: The 32605 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 increased by 31.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32605, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 32605 in October 2024, up by 5.9% month-over-month. Of the 18 sold homes, 89% were sold under asking, 6% were sold at asking, and 6% were sold over asking.

Days on Market for 32605, FL

How long does it take to sell a home in 32605, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days63 Days+76.1%

Summary: Homes in 32605 had an average of 63 days on market in Oct 2024, up by 76.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32605 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 32605; 39% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 32605, FL

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