Is 34232, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34232 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34232 was a Seller's Market.

Key Takeaway

34232 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34232, FL

How much do homes in 34232, FL cost?

Median Sold Price

$387,666

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,299(-1.8%)

Key Takeaway

Homes in 34232 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 34232 was $387,666 in October 2024, down 1.8% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180.9K$148K
-18.2%
2 $300K$292.7K
-2.4%
3 $440K$422.3K
-4.0%
4 $489.2K$534K
+9.1%
5+ $550K$715K
+30.0%

Summary: 34232 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 30%.

Median Sold Price Compared To Nearby Zip Codes

34239
+3.7%
34235
-1.0%
34232
-1.8%
34233
-3.4%
34237
-4.0%

Housing Supply in 34232, FL

How many homes are available in 34232, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
227229+0.9%

Summary: The 34232 real estate market had 229 homes for sale in October 2024, a 0.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 8090
+12.5%
3 107103
-3.7%
4 2621
-19.2%
5+ 78
+14.3%

Summary: The 34232 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 increased by 12.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2831+10.7%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34232, you may be able to get a good deal. 74.2% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 34232 in October 2024, up by 10.7% month-over-month. Of the 31 sold homes, 74% were sold under asking, 19% were sold at asking, and 6% were sold over asking.

Days on Market for 34232, FL

How long does it take to sell a home in 34232, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days71 Days+71.1%

Summary: Homes in 34232 had an average of 71 days on market in Oct 2024, up by 71.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34232 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 31 homes were sold in 34232; 42% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 34232, FL

Nearby Markets to 34232, FL