Is 32934, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32934 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32934 was a Seller's Market.

Key Takeaway

32934 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 32934, FL

How much do homes in 32934, FL cost?

Median Sold Price

$495,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+2.1%)

Key Takeaway

Homes in 32934 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 32934 was $495,000 in October 2024, up 2.1% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $320K$339K
+5.9%
3 $391.4K$402.5K
+2.8%
4 $545K$587.5K
+7.8%
5+ $939.9K$817.5K
-13.0%

Summary: 32934 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 13%.

Median Sold Price Compared To Nearby Zip Codes

32940
+10.4%
32934
+2.1%
32935
+1.8%
32904
+0.8%

Housing Supply in 32934, FL

How many homes are available in 32934, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108116+7.4%

Summary: The 32934 real estate market had 116 homes for sale in October 2024, a 7.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 4250
+19.0%
4 5556
+1.8%
5+ 87
-12.5%

Summary: The 32934 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32934, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 32934 in October 2024, up by 6.7% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.

Days on Market for 32934, FL

How long does it take to sell a home in 32934, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days77 Days+60.8%

Summary: Homes in 32934 had an average of 77 days on market in Oct 2024, up by 60.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 32934 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 16 homes were sold in 32934; 31% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 38% 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 14 Days Ago

Newest Listings in 32934, FL

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