Is 34110, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34110 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34110 was a Seller's Market.

Key Takeaway

34110 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34110, FL

How much do homes in 34110, FL cost?

Median Sold Price

$697,500

$362/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$42,089(+6.4%)

Key Takeaway

Homes in 34110 have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in 34110 was $697,500 in October 2024, up 6.4% from last year, and the median price per square foot was $362.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K$185K
+23.3%
2 $420K$380K
-9.5%
3 $799K$784K
-1.9%
4 $1.7M$1.8M
+7.2%
5+ $1.7M$2.9M
+65.5%

Summary: 34110 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.3%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 65.5%.

Median Sold Price Compared To Nearby Zip Codes

34134
+16.6%
34110
+6.4%
34135
+1.0%

Housing Supply in 34110, FL

How many homes are available in 34110, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
404451+11.6%

Summary: The 34110 real estate market had 451 homes for sale in October 2024, a 11.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 98
-11.1%
2 129146
+13.2%
3 209232
+11.0%
4 4956
+14.3%
5+ 89
+12.5%

Summary: The 34110 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4034-15.0%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34110, you may be able to get a good deal. 94.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 34110 in October 2024, down by 15.0% month-over-month. Of the 34 sold homes, 94% were sold under asking, 3% were sold at asking, and 3% were sold over asking.

Days on Market for 34110, FL

How long does it take to sell a home in 34110, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days82 Days+58.4%

Summary: Homes in 34110 had an average of 82 days on market in Oct 2024, up by 58.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 34110 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 34 homes were sold in 34110; 21% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 41% 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 16 Days Ago

Newest Listings in 34110, FL

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