Is 32951, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32951 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32951 was a Seller's Market.

Key Takeaway

32951 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32951, FL

How much do homes in 32951, FL cost?

Median Sold Price

$707,250

$362/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,750(+6.0%)

Key Takeaway

Homes in 32951 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 32951 was $707,250 in October 2024, up 6% from last year, and the median price per square foot was $362.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $212K$210K
-0.9%
2 $390K$400K
+2.6%
3 $702.5K$707.2K
+0.7%
4 $850K$930K
+9.4%
5+ $1.1M$1.1M
-4.8%

Summary: 32951 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Zip Codes

32949
+15.2%
32951
+6.0%
32963
-6.8%
32903
-10.7%

Housing Supply in 32951, FL

How many homes are available in 32951, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
154158+2.6%

Summary: The 32951 real estate market had 158 homes for sale in October 2024, a 2.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 3232
0.0%
3 6567
+3.1%
4 3838
0.0%
5+ 1718
+5.9%

Summary: The 32951 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

16 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 32951, you may be able to get a good deal. 94.1% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 32951 in October 2024, up by 6.3% month-over-month. Of the 17 sold homes, 94% were sold under asking, 6% were sold at asking, and 0% were sold over asking.

Days on Market for 32951, FL

How long does it take to sell a home in 32951, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days139 Days+111.2%

Summary: Homes in 32951 had an average of 139 days on market in Oct 2024, up by 111.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32951 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 17 homes were sold in 32951; 6% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 76% 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 32951, FL

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