$5,936 Closing Credit*
$499,900
2,004 SqFt
3 Beds
•2 Full Baths
Bee Powell, Listing Office: BEE REALTY CORP
Is 32720, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 32720 was a Seller's Market.
Key Takeaway
32720 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 32720, FL
How much do homes in 32720, FL cost?
Median Sold Price
$338,897
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,047(+8.0%)
Key Takeaway
Homes in 32720 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 32720 was $338,897 in November 2024, up 8% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | - | N/A |
| 2 Bedrooms | $210K | $234K | +11.4% |
| 3 Bedrooms | $311K | $329.9K | +6.1% |
| 4 Bedrooms | $400K | $405.4K | +1.4% |
| 5+ Bedrooms | $424.4K | $474.4K | +11.8% |
Summary: 32720 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 11.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 11.8%.
Housing Supply in 32720, FL
How many homes are available in 32720, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 285 | 284 | -0.4% |
Summary: The 32720 real estate market had 284 homes for sale in November 2024, a 0.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 37 | 38 | +2.7% |
| 3 Bedrooms | 145 | 136 | -6.2% |
| 4 Bedrooms | 80 | 86 | +7.5% |
| 5+ Bedrooms | 23 | 24 | +4.3% |
Summary: The 32720 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 increased by 2.7%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 41 | -6.8% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32720, you may be able to get a good deal. 85.4% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in 32720 in November 2024, down by 6.8% month-over-month. Of the 41 sold homes, 85% were sold under asking, 7% were sold at asking, and 7% were sold over asking.
Days on Market for 32720, FL
How long does it take to sell a home in 32720, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 80 Days | +54.1% |
Summary: Homes in 32720 had an average of 80 days on market in Nov 2024, up by 54.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 32720 has remained consistent over time.
Summary: During November 2024, 41 homes were sold in 32720; 27% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 37% 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.
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, and that the data is deemed reliable but is not guaranteed accurate by the MLS. 
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.
© 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.