$2,197 Closing Credit*
$185,000
1,056 SqFt
3 Beds
•1 Full Bath
Diana O'Keefe, Listing Office: XCELLENCE REALTY INC.
Is 32640, 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, 32640 was a Seller's Market.
Key Takeaway
32640 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32640, FL
How much do homes in 32640, FL cost?
Median Sold Price
$243,750
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,750(+4.6%)
Key Takeaway
Homes in 32640 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 32640 was $243,750 in October 2024, up 4.6% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $300.5K | +22.7% |
| 2 Bedrooms | $188.5K | $139K | -26.3% |
| 3 Bedrooms | $229K | $227K | -0.9% |
| 4 Bedrooms | $439K | $380K | -13.4% |
| 5+ Bedrooms | $547.4K | - | N/A |
Summary: 32640 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes decreased by 26.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes did not change.
Housing Supply in 32640, FL
How many homes are available in 32640, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 82 | +5.1% |
Summary: The 32640 real estate market had 82 homes for sale in October 2024, a 5.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 43 | 44 | +2.3% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 32640 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32640, 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 32640 in October 2024, down by 66.7% 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 32640, FL
How long does it take to sell a home in 32640, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 131 Days | +64.3% |
Summary: Homes in 32640 had an average of 131 days on market in Oct 2024, up by 64.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 32640 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in 32640; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.