Is 32606, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32606 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 32606 has remained a Seller's Market.

Key Takeaway

32606 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32606, FL

How much do homes in 32606, FL cost?

Median Sold Price

$360,247

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,910(+1.1%)

Key Takeaway

Homes in 32606 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 32606 was $360,247 in October 2024, up 1.1% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$149K
N/A
2 $199K$209.9K
+5.5%
3 $337.2K$340K
+0.8%
4 $441.3K$430K
-2.6%
5+ $515K$525K
+1.9%

Summary: 32606 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

32653
+6.2%
32606
+1.1%
32605
+1.0%
32607
0.2%

Housing Supply in 32606, FL

How many homes are available in 32606, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
118115-2.5%

Summary: The 32606 real estate market had 115 homes for sale in October 2024, a 2.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1513
-13.3%
3 5957
-3.4%
4 3134
+9.7%
5+ 1210
-16.7%

Summary: The 32606 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 decreased by 13.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1320+53.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32606, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 32606 in October 2024, up by 53.8% month-over-month. Of the 20 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for 32606, FL

How long does it take to sell a home in 32606, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days66 Days+105.5%

Summary: Homes in 32606 had an average of 66 days on market in Oct 2024, up by 105.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32606 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 32606; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 32606, FL

Nearby Markets to 32606, FL