$3,206 Closing Credit*
$270,000
1,508 SqFt
3 Beds
•2 Full Baths
Monique Fennell, Listing Office: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Is 32696, 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, 32696 was a Seller's Market.
Key Takeaway
32696 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32696, FL
How much do homes in 32696, FL cost?
Median Sold Price
$260,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,000(+7.0%)
Key Takeaway
Homes in 32696 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 32696 was $260,000 in October 2024, up 7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $148.9K | $83K | -44.3% |
| 2 Bedrooms | $157.7K | $189K | +19.8% |
| 3 Bedrooms | $247K | $254.7K | +3.1% |
| 4 Bedrooms | $352K | $332.2K | -5.6% |
| 5+ Bedrooms | $383.5K | $141.2K | -63.2% |
Summary: 32696 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.3%, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 63.2%.
Housing Supply in 32696, FL
How many homes are available in 32696, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 62 | -6.1% |
Summary: The 32696 real estate market had 62 homes for sale in October 2024, a 6.1% 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 | 10 | 8 | -20.0% |
| 3 Bedrooms | 34 | 35 | +2.9% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 32696 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 20%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 32696, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 32696 in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for 32696, FL
How long does it take to sell a home in 32696, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 92 Days | 132 Days | +43.9% |
Summary: Homes in 32696 had an average of 132 days on market in Oct 2024, up by 43.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 32696 has remained consistent over time.
Summary: During October 2024, 8 homes were sold in 32696; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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