Is 32607, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32607 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 32607 was a Seller's Market.

Key Takeaway

32607 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32607, FL

How much do homes in 32607, FL cost?

Median Sold Price

$278,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$4,743(+1.7%)

Key Takeaway

Homes in 32607 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 32607 was $278,000 in December 2024, up 1.7% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $106.7K$104.5K
-2.1%
2 $175K$165K
-5.7%
3 $310K$317K
+2.3%
4 $434.5K$435K
0.1%
5+ $650K$632.5K
-2.7%

Summary: 32607 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Zip Codes

32608
+11.5%
32607
+1.7%
32605
-1.0%
32606
-1.1%
32603
-3.8%

Housing Supply in 32607, FL

How many homes are available in 32607, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
142138-2.8%

Summary: The 32607 real estate market had 138 homes for sale in December 2024, a 2.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 66
0.0%
2 4336
-16.3%
3 4445
+2.3%
4 3839
+2.6%
5+ 1112
+9.1%

Summary: The 32607 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1918-5.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32607, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 32607 in December 2024, down by 5.3% month-over-month. Of the 18 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.

Days on Market for 32607, FL

How long does it take to sell a home in 32607, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
63 Days92 Days+46.7%

Summary: Homes in 32607 had an average of 92 days on market in Dec 2024, up by 46.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32607 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 18 homes were sold in 32607; 28% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 39% 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

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