Is 34104, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34104 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 34104 was a Seller's Market.

Key Takeaway

34104 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34104, FL

How much do homes in 34104, FL cost?

Median Sold Price

$425,625

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,291(+2.5%)

Key Takeaway

Homes in 34104 have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in 34104 was $425,625 in November 2024, up 2.5% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $228.7K$229K
0.1%
2 $350K$350K
0.0%
3 $530K$475K
-10.4%
4 $807.5K$950K
+17.6%
5+ $950K$1.6M
+68.4%

Summary: 34104 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 68.4%.

Median Sold Price Compared To Nearby Zip Codes

34105
+24.1%
34104
+2.5%
34112
0.2%

Housing Supply in 34104, FL

How many homes are available in 34104, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
287352+22.6%

Summary: The 34104 real estate market had 352 homes for sale in November 2024, a 22.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 78
+14.3%
2 112148
+32.1%
3 142166
+16.9%
4 2024
+20.0%
5+ 66
0.0%

Summary: The 34104 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 32.1%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2326+13.0%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34104, you may be able to get a good deal. 92.3% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 34104 in November 2024, up by 13.0% month-over-month. Of the 26 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% were sold over asking.

Days on Market for 34104, FL

How long does it take to sell a home in 34104, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days67 Days+50.2%

Summary: Homes in 34104 had an average of 67 days on market in Nov 2024, up by 50.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34104 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 26 homes were sold in 34104; 58% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 35% 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 3 Days Ago

Newest Listings in 34104, FL

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