Is 32609, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32609 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32609 was a Seller's Market.

Key Takeaway

32609 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 32609, FL

How much do homes in 32609, FL cost?

Median Sold Price

$235,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+6.8%)

Key Takeaway

Homes in 32609 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 32609 was $235,000 in October 2024, up 6.8% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$214.5K
N/A
2 $192.5K$206.4K
+7.2%
3 $219.4K$240K
+9.4%
4 $249K$268.5K
+7.8%
5+ $202.5K$290K
+43.2%

Summary: 32609 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 7.2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 43.2%.

Median Sold Price Compared To Nearby Zip Codes

32694
+17.8%
32609
+6.8%
32653
+6.2%
32605
+1.0%
32601
-3.4%

Housing Supply in 32609, FL

How many homes are available in 32609, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6062+3.3%

Summary: The 32609 real estate market had 62 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1517
+13.3%
3 3031
+3.3%
4 1413
-7.1%
5+ 11
0.0%

Summary: The 32609 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 13.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32609, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 32609 in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.

Days on Market for 32609, FL

How long does it take to sell a home in 32609, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days74 Days+54.0%

Summary: Homes in 32609 had an average of 74 days on market in Oct 2024, up by 54% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32609 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 32609; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% 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 32609, FL

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