$3,859 Closing Credit*
$325,000
1,699 SqFt
3 Beds
•2 Full Baths
Crystal Whitehead, Listing Office: MARK SPAIN REAL ESTATE
Is 32720, 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, 32720 was a Seller's Market.
Key Takeaway
32720 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32720, FL
How much do homes in 32720, FL cost?
Median Sold Price
$336,594
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,599(+10.4%)
Key Takeaway
Homes in 32720 have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in 32720 was $336,594 in October 2024, up 10.4% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | - | N/A |
| 2 Bedrooms | $210K | $231.5K | +10.2% |
| 3 Bedrooms | $308.5K | $329.9K | +7.0% |
| 4 Bedrooms | $399.7K | $404.7K | +1.2% |
| 5+ Bedrooms | $405K | $474.4K | +17.2% |
Summary: 32720 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 17.2%.
Housing Supply in 32720, FL
How many homes are available in 32720, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 263 | 267 | +1.5% |
Summary: The 32720 real estate market had 267 homes for sale in October 2024, a 1.5% 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 | 33 | 33 | 0.0% |
| 3 Bedrooms | 138 | 138 | 0.0% |
| 4 Bedrooms | 67 | 73 | +9.0% |
| 5+ Bedrooms | 25 | 23 | -8.0% |
Summary: The 32720 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 remained the same, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
11 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. 63.2% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in 32720 in October 2024, up by 8.6% month-over-month. Of the 38 sold homes, 63% were sold under asking, 29% were sold at asking, and 8% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 59 Days | +87.7% |
Summary: Homes in 32720 had an average of 59 days on market in Oct 2024, up by 87.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32720 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 38 homes were sold in 32720; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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© 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.
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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.