Is 32829, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32829 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 32829 has remained a Seller's Market.

Key Takeaway

32829 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32829, FL

How much do homes in 32829, FL cost?

Median Sold Price

$410,000

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,635(+1.4%)

Key Takeaway

Homes in 32829 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 32829 was $410,000 in October 2024, up 1.4% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $175K$170K
-2.9%
2 $265K$277.4K
+4.7%
3 $352.7K$375K
+6.3%
4 $475K$455K
-4.2%
5+ $589.3K$598.7K
+1.6%

Summary: 32829 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

32822
+13.3%
32832
+8.3%
32829
+1.4%
32825
+1.0%

Housing Supply in 32829, FL

How many homes are available in 32829, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8894+6.8%

Summary: The 32829 real estate market had 94 homes for sale in October 2024, a 6.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1512
-20.0%
3 4045
+12.5%
4 1824
+33.3%
5+ 1311
-15.4%

Summary: The 32829 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%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1522+46.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32829, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 32829 in October 2024, up by 46.7% month-over-month. Of the 22 sold homes, 68% were sold under asking, 9% were sold at asking, and 23% were sold over asking.

Days on Market for 32829, FL

How long does it take to sell a home in 32829, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days35 Days+12.4%

Summary: Homes in 32829 had an average of 35 days on market in Oct 2024, up by 12.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32829 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 32829; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% 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 14 Days Ago

Newest Listings in 32829, FL

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