32720 Housing Market Report December 2024•Volusia County, Florida

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Housing Prices in 32720, FL

How much do homes in 32720, FL cost?

Housing Market Conditions

Is 32720, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

32720 is a Seller's Market

Difference Since December 2023

Since last year, 32720 has remained a Seller's Market.

Insight

32720 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$339,086$204/SqFt
+$27,102
+8.7%

Based on all homes sold in the last 12 months

Insight

Homes in 32720 have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in 32720 was $339,086 in December 2024, up 8.7% from last year, and the median price per square foot was $204.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
32130
+26.0%
32720
+8.7%
32763
+5.1%
32724
+3.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$58K-
N/A
2$210K$230K
+9.5%
3$309.5K$330K
+6.6%
4$403.7K$405.9K
+0.6%
5$440.2K$473K
+7.5%

Summary: 32720 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.5%. The home price for 3 bedroom homes increased by +6.6%. The home price for 4 bedroom homes increased by +0.6%. The home price for 5 bedroom homes increased by +7.5%.

Housing supply in 32720, FL

How many homes are available in 32720, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
266Last MonthDec 2024
2732 months agoNov 2024
-2.6 %
Change MoMNov – Dec

Summary: The 32720 real estate market had 266 homes for sale in Dec 2024, a 2.6 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
48Last MonthDec 2024
472 months agoNov 2024
+2.1 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
111
0.0%
23534
-2.9%
3132127
-3.8%
48378
-6.0%
52226
+18.2%

Summary: 32720 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -2.9%. The inventory for 3 bedroom homes decreased by -3.8%. The inventory for 4 bedroom homes decreased by -6.0%. The inventory for 5 bedroom homes increased by +18.2%.

Asking Price vs. Sold Price

How much do homes in 32720, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price7 Homes

At Asking Price14 Homes

Under Asking Price27 Homes

Insight

If you're buying a home in 32720, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in 32720 in December 2024, up by 2.1% month-over-month. Of the 48 sold homes, 56% were sold under asking, 29% were sold at asking, and and 15% were sold over asking.

Days on Market for 32720, FL

How long does it take to sell a home in 32720, FL?

Breakdown of Home Sale Times

Under 30 Days14 Homes

30 – 90 Days20 Homes

Over 90 Days14 Homes

Insight

Avg time on Rocket Homes in 32720 has remained consistent over time.

Summary: During December 2024, 48 homes were sold in 32720; 29% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
69 DaysThis YearDec 2024
57 Days1 year agoDec 2023
+21.3 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in 32720 had an average listing age of 69 days in Dec 2024, up by 21.3% compared to the previous year.

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Newest Listings in 32720, FL

What homes are available in 32720, FL?

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Based on information from Stellar MLS, Daytona Beach MLS, Space Coast MLS, Miami MLS, and realMLS for the period 01/01/2023 - 01/01/2025

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Last updated on: 1/20/2025, 10:49:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/21/2025, 3:16:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 11:51:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 11:51:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.