Is 32738, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32738 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32738 was a Seller's Market.

Key Takeaway

32738 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 32738, FL

How much do homes in 32738, FL cost?

Median Sold Price

$318,250

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,250(+1.0%)

Key Takeaway

Homes in 32738 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 32738 was $318,250 in November 2024, up 1% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$172.7K
N/A
2 $235K$245K
+4.3%
3 $302.5K$305K
+0.8%
4 $360.9K$374.9K
+3.9%
5+ $417K$415K
-0.5%

Summary: 32738 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 4.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Zip Codes

32764
+5.4%
32725
+5.0%
32724
+2.0%
32738
+1.0%
32744
-7.7%

Housing Supply in 32738, FL

How many homes are available in 32738, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
282280-0.7%

Summary: The 32738 real estate market had 280 homes for sale in November 2024, a 0.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1318
+38.5%
3 174166
-4.6%
4 8482
-2.4%
5+ 1114
+27.3%

Summary: The 32738 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 38.5%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4944-10.2%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32738, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 32738 in November 2024, down by 10.2% month-over-month. Of the 44 sold homes, 48% were sold under asking, 34% were sold at asking, and 18% were sold over asking.

Days on Market for 32738, FL

How long does it take to sell a home in 32738, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days50 Days+49.1%

Summary: Homes in 32738 had an average of 50 days on market in Nov 2024, up by 49.1% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32738 has remained consistent over time.

Summary: During November 2024, 44 homes were sold in 32738; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in 32738, FL

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