Is 32903, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32903 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32903 was a Seller's Market.

Key Takeaway

32903 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32903, FL

How much do homes in 32903, FL cost?

Median Sold Price

$590,000

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$69,500(-10.5%)

Key Takeaway

Homes in 32903 have sold for 10.5% less than they did a year ago.

Summary: The median home sold price in 32903 was $590,000 in November 2024, down 10.5% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$221K
+2.8%
2 $330K$362.7K
+9.9%
3 $625.5K$628K
0.4%
4 $787K$750K
-4.7%
5+ $957K$1.4M
+46.8%

Summary: 32903 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 46.8%.

Median Sold Price Compared To Nearby Zip Codes

32937
+5.5%
32951
+5.2%
32952
-3.5%
32903
-10.5%

Housing Supply in 32903, FL

How many homes are available in 32903, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
138153+10.9%

Summary: The 32903 real estate market had 153 homes for sale in November 2024, a 10.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 2024
+20.0%
3 6369
+9.5%
4 3840
+5.3%
5+ 1617
+6.3%

Summary: The 32903 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1219+58.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32903, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 32903 in November 2024, up by 58.3% month-over-month. Of the 19 sold homes, 68% were sold under asking, 32% were sold at asking, and 0% were sold over asking.

Days on Market for 32903, FL

How long does it take to sell a home in 32903, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days86 Days+89.9%

Summary: Homes in 32903 had an average of 86 days on market in Nov 2024, up by 89.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32903 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 19 homes were sold in 32903; 37% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 47% 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 17 Days Ago

Newest Listings in 32903, FL

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