Is 32837, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32837 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 32837 has remained a Seller's Market.

Key Takeaway

32837 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32837, FL

How much do homes in 32837, FL cost?

Median Sold Price

$413,133

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$3,133(+0.8%)

Key Takeaway

Homes in 32837 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 32837 was $413,133 in May 2024, up 0.8% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $191K$198.7K
+4.1%
2 $250K$240K
-4.0%
3 $382K$390K
+2.1%
4 $477K$490K
+2.7%
5+ $637.4K$665K
+4.3%

Summary: 32837 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

32819
+11.9%
34741
+4.5%
32824
+1.3%
32837
+0.8%
32821
+0.6%

Housing Supply in 32837, FL

How many homes are available in 32837, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
160157-1.9%

Summary: The 32837 real estate market had 157 homes for sale in May 2024, a 1.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 36
+100.0%
2 3536
+2.9%
3 6053
-11.7%
4 5248
-7.7%
5+ 1014
+40.0%

Summary: The 32837 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3238+18.8%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32837, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 32837 in May 2024, up by 18.8% month-over-month. Of the 38 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% were sold over asking.

Days on Market for 32837, FL

How long does it take to sell a home in 32837, FL?

Average Sale Time

May 2023May 2024CHANGE
28 Days32 Days+12.2%

Summary: Homes in 32837 had an average of 32 days on market in May 2024, up by 12.2% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32837 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 38 homes were sold in 32837; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 8% 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 2 Days Ago

Newest Listings in 32837, FL

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