Is 32618, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32618 is a buyer's market

Buyer's
Market

Difference Since November 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

$521,700

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$132,700(+34.1%)

Key Takeaway

Homes in 32618 have sold for 34.1% more than they did a year ago.

Summary: The median home sold price in 32618 was $521,700 in November 2024, up 34.1% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $184.5K-
N/A
2 $120K$321K
+167.5%
3 $305.5K$294.5K
-3.6%
4 $639K$680K
+6.4%
5+ $777.5K$1.3M
+73.6%

Summary: 32618 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 167.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 73.6%.

Median Sold Price Compared To Nearby Zip Codes

32618
+34.1%
32608
+9.1%
32607
+7.7%
32669
+4.9%
32696
+2.0%

Housing Supply in 32618, FL

How many homes are available in 32618, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3436+5.9%

Summary: The 32618 real estate market had 36 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1618
+12.5%
4 1615
-6.3%
5+ 01
+100.0%

Summary: The 32618 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32618, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 32618 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
40 Days93 Days+128.8%

Summary: Homes in 32618 had an average of 93 days on market in Nov 2024, up by 128.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32618 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in 32618; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 32618, FL

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