Is 32803, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32803 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32803 was a Seller's Market.

Key Takeaway

32803 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32803, FL

How much do homes in 32803, FL cost?

Median Sold Price

$489,333

$338/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,333(+5.7%)

Key Takeaway

Homes in 32803 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 32803 was $489,333 in November 2024, up 5.7% from last year, and the median price per square foot was $338.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $213.9K$218K
+1.9%
2 $346.5K$360K
+3.9%
3 $470K$499.5K
+6.3%
4 $670K$747.5K
+11.6%
5+ $1.0M$875K
-14.4%

Summary: 32803 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 14.4%.

Median Sold Price Compared To Nearby Zip Codes

32807
+6.5%
32803
+5.7%
32814
+4.3%
32806
+2.5%
32801
-1.4%

Housing Supply in 32803, FL

How many homes are available in 32803, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
131133+1.5%

Summary: The 32803 real estate market had 133 homes for sale in November 2024, a 1.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 36
+100.0%
2 3734
-8.1%
3 5455
+1.9%
4 2122
+4.8%
5+ 1616
0.0%

Summary: The 32803 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2316-30.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32803, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 32803 in November 2024, down by 30.4% month-over-month. Of the 16 sold homes, 63% were sold under asking, 6% were sold at asking, and 31% were sold over asking.

Days on Market for 32803, FL

How long does it take to sell a home in 32803, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days51 Days+239.0%

Summary: Homes in 32803 had an average of 51 days on market in Nov 2024, up by 239% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32803 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 32803; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in 32803, FL

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