Is 32778, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32778 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32778 was a Seller's Market.

Key Takeaway

32778 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32778, FL

How much do homes in 32778, FL cost?

Median Sold Price

$315,986

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$676(-0.2%)

Key Takeaway

The sold price of homes in 32778 has remained the same since last year.

Summary: The median home sold price in 32778 was $315,986 in October 2024, down 0.2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $78.7K$105K
+33.3%
2 $210K$215K
+2.4%
3 $311.6K$316.2K
+1.5%
4 $356.9K$440.6K
+23.4%
5+ $388.4K$448.9K
+15.6%

Summary: 32778 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 15.6%.

Median Sold Price Compared To Nearby Zip Codes

34788
+1.9%
32726
+0.8%
32757
0.2%
32778
-0.2%

Housing Supply in 32778, FL

How many homes are available in 32778, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
192185-3.6%

Summary: The 32778 real estate market had 185 homes for sale in October 2024, a 3.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 3427
-20.6%
3 101101
0.0%
4 3941
+5.1%
5+ 1715
-11.8%

Summary: The 32778 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 20.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3322-33.3%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32778, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 32778 in October 2024, down by 33.3% month-over-month. Of the 22 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.

Days on Market for 32778, FL

How long does it take to sell a home in 32778, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days58 Days+71.5%

Summary: Homes in 32778 had an average of 58 days on market in Oct 2024, up by 71.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32778 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 32778; 41% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 27% 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 15 Days Ago

Newest Listings in 32778, FL

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