Is 32948, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32948 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 32948 was a Buyer's Market.

Key Takeaway

32948 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32948, FL

How much do homes in 32948, FL cost?

Median Sold Price

$600,000

$293/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$150,000(-20.0%)

Key Takeaway

Homes in 32948 have sold for 20% less than they did a month ago.

Summary: The median home sold price in 32948 was $600,000 in October 2024, down 20% from last month, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$750K
N/A
3 $750K$414.9K
-44.7%
4 -$600K
N/A
5+ --
N/A

Summary: 32948 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 44.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 32948, FL

How many homes are available in 32948, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1314+7.7%

Summary: The 32948 real estate market had 14 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 23
+50.0%
5+ 33
0.0%

Summary: The 32948 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32948, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 32948 in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 32948, FL

How long does it take to sell a home in 32948, FL?

Average Sale Time

Sep 2024Oct 2024CHANGE
42 Days80 Days+91.0%

Summary: Homes in 32948 had an average of 80 days on market in Oct 2024, up by 91% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32948 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 32948; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 16 Days Ago

Newest Listings in 32948, FL

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