$4,014 Closing Credit*
$338,000
1,241 SqFt
3 Beds
•2 Full Baths
Kathleen Weinert, Listing Office: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Is 32607, 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, 32607 has remained a Buyer'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
$273,333
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$595(+0.2%)
Key Takeaway
The sold price of homes in 32607 has remained the same since last year.
Summary: The median home sold price in 32607 was $273,333 in October 2024, up 0.2% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103K | $104.5K | +1.5% |
| 2 Bedrooms | $175K | $165K | -5.7% |
| 3 Bedrooms | $309.5K | $316K | +2.1% |
| 4 Bedrooms | $419.5K | $438K | +4.4% |
| 5+ Bedrooms | $620K | $625K | +0.8% |
Summary: 32607 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 32607, FL
How many homes are available in 32607, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 152 | 160 | +5.3% |
Summary: The 32607 real estate market had 160 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 48 | 55 | +14.6% |
| 3 Bedrooms | 44 | 48 | +9.1% |
| 4 Bedrooms | 41 | 38 | -7.3% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 32607 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 14.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32607, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 32607 in October 2024, down by 10.5% month-over-month. Of the 17 sold homes, 82% were sold under asking, 18% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 88 Days | +209.9% |
Summary: Homes in 32607 had an average of 88 days on market in Oct 2024, up by 209.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 32607 has remained consistent over time.
Summary: During October 2024, 17 homes were sold in 32607; 24% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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