Is 32804, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32804 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 32804 has remained a Seller's Market.

Key Takeaway

32804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32804, FL

How much do homes in 32804, FL cost?

Median Sold Price

$539,181

$320/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$64,097(+13.5%)

Key Takeaway

Homes in 32804 have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in 32804 was $539,181 in May 2024, up 13.5% from last year, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $169.9K$205K
+20.7%
2 $326K$380K
+16.6%
3 $496K$537K
+8.3%
4 $747.4K$891.2K
+19.2%
5+ $1.0M$1.0M
+3.9%

Summary: 32804 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.7%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

32789
+40.3%
32804
+13.5%
32801
+8.6%
32808
+6.8%
32803
+5.0%

Housing Supply in 32804, FL

How many homes are available in 32804, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
144154+6.9%

Summary: The 32804 real estate market had 154 homes for sale in May 2024, a 6.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 20
-100.0%
2 3639
+8.3%
3 6774
+10.4%
4 2931
+6.9%
5+ 1010
0.0%

Summary: The 32804 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
2943+48.3%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32804, you may be able to get a good deal. 65.1% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in 32804 in May 2024, up by 48.3% month-over-month. Of the 43 sold homes, 65% were sold under asking, 19% were sold at asking, and 16% were sold over asking.

Days on Market for 32804, FL

How long does it take to sell a home in 32804, FL?

Average Sale Time

May 2023May 2024CHANGE
69 Days41 Days-40.7%

Summary: Homes in 32804 had an average of 41 days on market in May 2024, down by 40.7% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32804 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 43 homes were sold in 32804; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 12% 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 1 Day Ago

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