Is 32244, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 32244 was a Seller's Market.
Key Takeaway
32244 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 32244, FL
How much do homes in 32244, FL cost?
Median Sold Price
$265,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 32244 have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in 32244 was $265,000 in May 2024, down 2.9% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | $135K | +20.0% |
| 2 Bedrooms | $173K | $170K | -1.7% |
| 3 Bedrooms | $270K | $262.2K | -2.9% |
| 4 Bedrooms | $320K | $316.4K | -1.1% |
| 5+ Bedrooms | $327.5K | $390.9K | +19.4% |
Summary: 32244 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 19.4%.
Housing Supply in 32244, FL
How many homes are available in 32244, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 323 | 352 | +9.0% |
Summary: The 32244 real estate market had 352 homes for sale in May 2024, a 9.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 38 | 32 | -15.8% |
| 3 Bedrooms | 199 | 218 | +9.5% |
| 4 Bedrooms | 77 | 92 | +19.5% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 32244 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 64 | 55 | -14.1% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32244, you may be able to get a good deal. 49.1% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in 32244 in May 2024, down by 14.1% month-over-month. Of the 55 sold homes, 49% were sold under asking, 18% were sold at asking, and 33% were sold over asking.
Days on Market for 32244, FL
How long does it take to sell a home in 32244, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 63 Days | 41 Days | -35.5% |
Summary: Homes in 32244 had an average of 41 days on market in May 2024, down by 35.5% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32244 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 55 homes were sold in 32244; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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