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 October 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

$428,116

$297/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,835(+0.7%)

Key Takeaway

Homes in 34112 have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in 34112 was $428,116 in October 2024, up 0.7% from last year, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$230K
-8.0%
2 $355K$360K
+1.4%
3 $567K$585K
+3.2%
4 $1.5M$1.0M
-30.6%
5+ $1.0M$1.1M
+3.7%

Summary: 34112 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Zip Codes

34113
+4.4%
34112
+0.7%
34114
0.1%

Housing Supply in 34112, FL

How many homes are available in 34112, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
469509+8.5%

Summary: The 34112 real estate market had 509 homes for sale in October 2024, a 8.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 275303
+10.2%
3 153154
+0.7%
4 2736
+33.3%
5+ 79
+28.6%

Summary: The 34112 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 increased by 10.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4352+20.9%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was 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. 90.4% of homes here sold below asking price last month.

Summary: A total of 52 homes were sold or pending in 34112 in October 2024, up by 20.9% month-over-month. Of the 52 sold homes, 90% were sold under asking, 8% were sold at asking, and 2% 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

Oct 2023Oct 2024CHANGE
51 Days86 Days+68.4%

Summary: Homes in 34112 had an average of 86 days on market in Oct 2024, up by 68.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 34112 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 52 homes were sold in 34112; 31% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 44% 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 34112, FL

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