Is 32907, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32907 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 32907 was a Seller's Market.

Key Takeaway

32907 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32907, FL

How much do homes in 32907, FL cost?

Median Sold Price

$333,677

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,523(-0.8%)

Key Takeaway

Homes in 32907 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 32907 was $333,677 in November 2024, down 0.8% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$104.5K
N/A
2 $232K$240K
+3.4%
3 $312.6K$305K
-2.4%
4 $355K$360.4K
+1.5%
5+ $430K$410.6K
-4.5%

Summary: 32907 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

32905
+6.6%
32904
+2.0%
32908
0.4%
32907
-0.8%
32909
-1.3%

Housing Supply in 32907, FL

How many homes are available in 32907, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440454+3.2%

Summary: The 32907 real estate market had 454 homes for sale in November 2024, a 3.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1519
+26.7%
3 251258
+2.8%
4 159164
+3.1%
5+ 1513
-13.3%

Summary: The 32907 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8260-26.8%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32907, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in 32907 in November 2024, down by 26.8% month-over-month. Of the 60 sold homes, 52% were sold under asking, 40% were sold at asking, and 8% were sold over asking.

Days on Market for 32907, FL

How long does it take to sell a home in 32907, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days68 Days+48.1%

Summary: Homes in 32907 had an average of 68 days on market in Nov 2024, up by 48.1% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 32907 has remained consistent over time.

Summary: During November 2024, 60 homes were sold in 32907; 33% of homes were sold within 30 days, 42% 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 17 Days Ago

Newest Listings in 32907, FL

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