Is 34112, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34112 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 34112 was a Seller's Market.

Key Takeaway

34112 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34112, FL

How much do homes in 34112, FL cost?

Median Sold Price

$427,529

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$820(+0.2%)

Key Takeaway

The sold price of homes in 34112 has remained the same since last year.

Summary: The median home sold price in 34112 was $427,529 in November 2024, up 0.2% from last year, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250K$230K
-8.0%
2 $359.7K$355.2K
-1.2%
3 $570K$583.3K
+2.3%
4 $1.5M$1.0M
-30.0%
5+ $937.5K$1.1M
+22.7%

Summary: 34112 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 22.7%.

Median Sold Price Compared To Nearby Zip Codes

34113
+4.9%
34114
+2.9%
34104
+2.5%
34112
0.2%

Housing Supply in 34112, FL

How many homes are available in 34112, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
522581+11.3%

Summary: The 34112 real estate market had 581 homes for sale in November 2024, a 11.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 65
-16.7%
2 309347
+12.3%
3 160175
+9.4%
4 4045
+12.5%
5+ 79
+28.6%

Summary: The 34112 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5641-26.8%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34112, you may be able to get a good deal. 85.4% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in 34112 in November 2024, down by 26.8% month-over-month. Of the 41 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% were sold over asking.

Days on Market for 34112, FL

How long does it take to sell a home in 34112, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days63 Days+14.5%

Summary: Homes in 34112 had an average of 63 days on market in Nov 2024, up by 14.5% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34112 has remained consistent over time.

Summary: During November 2024, 41 homes were sold in 34112; 32% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

Newest Listings in 34112, FL

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