Homes are still moving in Dr. Phillips, but buyers are taking their time
CNBC reported the average 30-year fixed mortgage rate climbed to 7.49% as of October 8, 2026. That is the highest it has been since January 2025, according to Realtor.com. Buyers are still out there, but they are being careful. That means the homes that sell quickly are the ones priced right and shown well.
These numbers cover the three months ending August 31, 2026. Dr. Phillips spans two ZIP codes, 32819 and 32836, and they tell two different stories. It is worth looking at each one.
Nearly 3 in 10 homes went under contract in two weeks
That is the most important thing to understand right now. Even with rates above 7%, motivated buyers are moving fast on the right home. The Real Estate Data Aggregator counted 29.8% of homes in ZIP 32819 going under contract within two weeks. In ZIP 32836, that share was 28.8%. Both are up from a year ago.
| 32819 | 32836 | |
|---|---|---|
| Median sale price | $522,500 | $980,000 |
| Homes sold | 122 | 82 |
| Median days on market | 52 days | 43 days |
| Under contract within 2 weeks | 29.8% | 28.8% |
| Sale-to-list price | 96.2% | 96.8% |
ZIP 32819: more sales, prices up, but homes are sitting a week longer
The Real Estate Data Aggregator counted 122 homes sold in ZIP 32819 during the three months ending August 31, 2026. That is up 29.8% from the same three months in 2025. The median sale price came in at $522,500, up 2.9% year over year. Those are solid numbers.
The honest part: median days on market in 32819 was 52 days, which is 7 days longer than a year ago. Not every home sold fast. The ones that did were likely priced to match what buyers saw as fair at 7.49% rates.
Supply is tightening in 32819. The Real Estate Data Aggregator showed 204 homes for sale, down 9.3% from a year ago. New listings dropped 7.8%. With less to choose from, well-priced homes are drawing attention.
ZIP 32836: prices jumped 14%, and homes are selling faster
The upper end of Dr. Phillips is moving in a different direction. The Real Estate Data Aggregator put the median sale price in ZIP 32836 at $980,000 for the three months ending August 31, 2026. That is up 14% from the same period in 2025.
Median days on market in 32836 came in at 43 days, which is 11 days shorter than a year ago. Fewer homes sold overall, 82 compared with more the prior year, down 12.8%. But the ones that sold moved quicker and closer to asking price. The Real Estate Data Aggregator showed a sale-to-list ratio of 96.8%, up 0.8 points.
Supply grew in 32836. The Real Estate Data Aggregator counted 155 homes for sale, up 13.1% from a year ago. More competition means pricing still matters. The 8.5% of homes that sold above list price, up 5.3 points, were almost certainly the ones that stood out.
The wider picture: rates and national trends
Rates are the backdrop for all of this. CNBC reported that mortgage purchase applications fell 2% in the week ending October 7, 2026. Realtor.com noted that 20.8% of listings nationally had price cuts in September 2026, the highest share since October 2022. That is the national picture.
Dr. Phillips is holding up better than most. The Federal Housing Finance Agency reported U.S. home prices rose just 2.6% year over year through July 2026. ZIP 32819 came in at 2.9% and ZIP 32836 came in at 14%. This area is outpacing the national average.
What this means if you are thinking about selling
Across both ZIP codes, the Real Estate Data Aggregator counted 204 homes sold in the three months ending August 31, 2026. That is up 8.5% from the same period in 2025. Homes are moving.
Pending sales across Dr. Phillips came in at 187, down 16.5% from a year ago. That tells you the pipeline is a little thinner going forward. Buyers are selective. The homes going under contract in two weeks are the ones that gave buyers no reason to hesitate.
Thirty-one years in this business has taught me one thing about markets like this one. When buyers have choices and rates are high, they walk past the home that needs explaining. They stop at the one that feels priced fairly from the first showing.
- Dr.
- Phillips is still a market where homes sell.
- Nearly 3 in 10 went under contract within two weeks, even with a 7.49% rate (CNBC).
- Prices are up in both ZIP codes.
- But 52 days in 32819 and 43 days in 32836 tell you not every home moves at the same speed.
- The ones that do are priced and presented well.
- One street can read very differently from the ZIP code as a whole.
Your next step
(407) 616-2961Text me your address and I will send you where your Dr. Phillips home sits against what actually sold in your ZIP code during the three months ending August 31, 2026. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 32819 and 32836, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 6, 2026.
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Federal Housing Finance Agency: U.S. House Prices Rise 2.1 Percent Year over Year; Up 0.3 percent Quarter over Quarter | FHFA, Aug 25, 2026
- Redfin: Soft September Jobs Report May Give Fed Reason to Pause Rate Hikes, Slowing Ascent of Mortgage Rates, Oct 2, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- CNBC: Refinance demand is now half what it was a year ago, as mortgage rates rise again, Oct 7, 2026