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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32606 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32606 was a Seller's Market.

Key Takeaway

32606 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32606, FL

How much do homes in 32606, FL cost?

Median Sold Price

$355,496

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,253(-1.5%)

Key Takeaway

Homes in 32606 have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in 32606 was $355,496 in November 2024, down 1.5% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$149K
N/A
2 $201.5K$211.4K
+4.9%
3 $340K$340K
0.0%
4 $430K$435K
+1.2%
5+ $515K$525K
+1.9%

Summary: 32606 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 increased by 4.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

32607
+7.7%
32653
+6.4%
32605
0.2%
32606
-1.5%

Housing Supply in 32606, FL

How many homes are available in 32606, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117115-1.7%

Summary: The 32606 real estate market had 115 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1312
-7.7%
3 5959
0.0%
4 3436
+5.9%
5+ 97
-22.2%

Summary: The 32606 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
229-59.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 32606 in November 2024, down by 59.1% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% 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

Nov 2023Nov 2024CHANGE
35 Days54 Days+56.1%

Summary: Homes in 32606 had an average of 54 days on market in Nov 2024, up by 56.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32606 has remained consistent over time.

Summary: During November 2024, 9 homes were sold in 32606; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% 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 17 Days Ago

Newest Listings in 32606, FL

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