$2,375 Closing Credit*
$199,999
2,448 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stephen Hachey, Listing Office: FLAT FEE MLS REALTY
Is 32618, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 32618 was a Seller's Market.
Key Takeaway
32618 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32618, FL
How much do homes in 32618, FL cost?
Median Sold Price
$518,250
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$125,800(+32.1%)
Key Takeaway
Homes in 32618 have sold for 32.1% more than they did a year ago.
Summary: The median home sold price in 32618 was $518,250 in October 2024, up 32.1% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.5K | - | N/A |
| 2 Bedrooms | $120K | $321K | +167.5% |
| 3 Bedrooms | $307.5K | $289K | -6.0% |
| 4 Bedrooms | $582.5K | $687.2K | +18.0% |
| 5+ Bedrooms | $438.9K | $915K | +108.4% |
Summary: 32618 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 167.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 108.4%.
Housing Supply in 32618, FL
How many homes are available in 32618, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 35 | -12.5% |
Summary: The 32618 real estate market had 35 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 32618 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 40%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 32618, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 32618 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 32618, FL
How long does it take to sell a home in 32618, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 5 Days | -87.0% |
Summary: Homes in 32618 had an average of 5 days on market in Oct 2024, down by 87% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32618 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 32618; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.