Is 34113, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34113 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34113 was a Seller's Market.

Key Takeaway

34113 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34113, FL

How much do homes in 34113, FL cost?

Median Sold Price

$574,145

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,145(+4.4%)

Key Takeaway

Homes in 34113 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 34113 was $574,145 in October 2024, up 4.4% from last year, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $197.5K$152K
-23.0%
2 $440K$470K
+6.8%
3 $700K$664.9K
-5.0%
4 $1.4M$1.2M
-8.5%
5+ -$962.4K
N/A

Summary: 34113 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

34113
+4.4%
34112
+0.7%
34145
0.2%
34114
0.1%

Housing Supply in 34113, FL

How many homes are available in 34113, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
364406+11.5%

Summary: The 34113 real estate market had 406 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 910
+11.1%
2 177198
+11.9%
3 144151
+4.9%
4 3041
+36.7%
5+ 46
+50.0%

Summary: The 34113 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3244+37.5%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34113, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 34113 in October 2024, up by 37.5% month-over-month. Of the 44 sold homes, 82% were sold under asking, 16% were sold at asking, and 2% were sold over asking.

Days on Market for 34113, FL

How long does it take to sell a home in 34113, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days82 Days+68.5%

Summary: Homes in 34113 had an average of 82 days on market in Oct 2024, up by 68.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34113 has remained consistent over time.

Summary: During October 2024, 44 homes were sold in 34113; 25% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 34% 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 34113, FL

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