$8,311 Closing Credit*
$699,900
2,947 SqFt
4 Beds
•3 Full Baths, 1 Partial
Krishnan Munuswamy, Listing Office: REALTY HUB
Is 32771, 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, 32771 was a Seller's Market.
Key Takeaway
32771 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32771, FL
How much do homes in 32771, FL cost?
Median Sold Price
$392,671
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,621(+4.7%)
Key Takeaway
Homes in 32771 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 32771 was $392,671 in October 2024, up 4.7% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136K | $168.7K | +24.1% |
| 2 Bedrooms | $261.1K | $260K | -0.4% |
| 3 Bedrooms | $341.9K | $340K | -0.6% |
| 4 Bedrooms | $437.4K | $455.9K | +4.2% |
| 5+ Bedrooms | $570K | $600K | +5.3% |
Summary: 32771 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 5.3%.
Housing Supply in 32771, FL
How many homes are available in 32771, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 323 | 319 | -1.2% |
Summary: The 32771 real estate market had 319 homes for sale in October 2024, a 1.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 36 | 37 | +2.8% |
| 3 Bedrooms | 138 | 135 | -2.2% |
| 4 Bedrooms | 112 | 114 | +1.8% |
| 5+ Bedrooms | 32 | 28 | -12.5% |
Summary: The 32771 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 increased by 2.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 42 | -27.6% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32771, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 32771 in October 2024, down by 27.6% month-over-month. Of the 42 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for 32771, FL
How long does it take to sell a home in 32771, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 45 Days | +29.0% |
Summary: Homes in 32771 had an average of 45 days on market in Oct 2024, up by 29% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32771 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in 32771; 52% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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.