$30,000
1.34 Acres
Land
HANNA PENNINGTON, Listing Office: MOMENTUM REALTY
Is 32656, 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, 32656 has remained a Seller's Market.
Key Takeaway
32656 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32656, FL
How much do homes in 32656, FL cost?
Median Sold Price
$278,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,000(+1.1%)
Key Takeaway
Homes in 32656 have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in 32656 was $278,000 in October 2024, up 1.1% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $103.7K | -23.1% |
| 2 Bedrooms | $199.5K | $220K | +10.3% |
| 3 Bedrooms | $273.7K | $280K | +2.3% |
| 4 Bedrooms | $345K | $379.9K | +10.1% |
| 5+ Bedrooms | $507K | $310K | -38.9% |
Summary: 32656 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 38.9%.
Housing Supply in 32656, FL
How many homes are available in 32656, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 89 | +1.1% |
Summary: The 32656 real estate market had 89 homes for sale in October 2024, a 1.1% increase 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 | 10 | 10 | 0.0% |
| 3 Bedrooms | 58 | 62 | +6.9% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 32656 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 remained the same, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 18 | +80.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32656, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 32656 in October 2024, up by 80.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 33% were sold at asking, and 28% were sold over asking.
Days on Market for 32656, FL
How long does it take to sell a home in 32656, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 47 Days | -34.1% |
Summary: Homes in 32656 had an average of 47 days on market in Oct 2024, down by 34.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32656 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in 32656; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.