Is Bascom, FL 32423 a buyer’s or seller’s market?
Bascom is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Bascom housing market right now
In the three months ending August 31, 2026, 0% of homes in Bascom, FL 32423 sold above their list price, the typical home went under contract in 288 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (85 days then) and the median sale price rose 141% to $375,338. Overall, Bascom is less competitive than a year ago, which gives buyers more room.
Within Jackson County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Alford 32420 (25% sold over asking) and Cottondale 32431 (25% sold over asking) are even more competitive.
Run the numbers for 32423
Nearby markets
Alford 32420Buyer’s market $145 /sq ftCampbellton 32426Buyer’s market $66 /sq ftCottondale 32431Buyer’s market $117 /sq ftCypress 32432 — /sq ft Browse all markets →Where Bascom is
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Questions about Bascom real estate
Is Bascom a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Bascom, FL 32423 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bascom?
The typical home went under contract in 288 days in the latest three months.
Do homes in Bascom sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Bascom?
About 0.50% of a home’s value a year in Jackson County, or roughly $2,000 on a $400,000 home.
What is the median home price in Bascom?
The median sale price was $375,338 in the three months ending August 31, 2026, about $154 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology