Is 32940, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32940 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 32940 has remained a Seller's Market.

Key Takeaway

32940 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32940, FL

How much do homes in 32940, FL cost?

Median Sold Price

$535,465

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,485(+10.4%)

Key Takeaway

Homes in 32940 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 32940 was $535,465 in October 2024, up 10.4% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $183K$179K
-2.2%
2 $329.7K$335K
+1.6%
3 $449.6K$478.6K
+6.4%
4 $633.8K$670K
+5.7%
5+ $845K$800K
-5.3%

Summary: 32940 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

32940
+10.4%
32955
+4.1%
32934
+2.1%
32935
+1.8%
32952
-0.7%

Housing Supply in 32940, FL

How many homes are available in 32940, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
472491+4.0%

Summary: The 32940 real estate market had 491 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 810
+25.0%
2 7378
+6.8%
3 216223
+3.2%
4 139141
+1.4%
5+ 3639
+8.3%

Summary: The 32940 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
101103+2.0%

Asking Price vs. Sold Price

58 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32940, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 103 homes were sold or pending in 32940 in October 2024, up by 2.0% month-over-month. Of the 103 sold homes, 56% were sold under asking, 41% were sold at asking, and 3% were sold over asking.

Days on Market for 32940, FL

How long does it take to sell a home in 32940, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days50 Days+50.6%

Summary: Homes in 32940 had an average of 50 days on market in Oct 2024, up by 50.6% compared to last year.

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32940 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 103 homes were sold in 32940; 51% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 16% 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 32940, FL

Nearby Markets to 32940, FL