$5,900,000
8,472 SqFt
6 Beds
•7 Full Baths, 2 Partial
Renee Hahn, Listing Office: Alfred Robbins Realty Group
Is 34116, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 34116 has remained a Buyer's Market.
Key Takeaway
34116 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34116, FL
How much do homes in 34116, FL cost?
Median Sold Price
$453,000
$314/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$58,500(+14.8%)
Key Takeaway
Homes in 34116 have sold for 14.8% more than they did a month ago.
Summary: The median home sold price in 34116 was $453,000 in November 2024, up 14.8% from last month, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $195.5K | -9.1% |
| 3 Bedrooms | $394.5K | $520K | +31.8% |
| 4 Bedrooms | $545K | $500K | -8.3% |
| 5+ Bedrooms | - | $875K | N/A |
Summary: 34116 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 31.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 34117 | $539.9K | $645K | +19.5% |
| 34116 | $394.5K | $453K | +14.8% |
Housing Supply in 34116, FL
How many homes are available in 34116, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 120 | 124 | +3.3% |
Summary: The 34116 real estate market had 124 homes for sale in November 2024, a 3.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 38 | 40 | +5.3% |
| 3 Bedrooms | 58 | 56 | -3.4% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 34116 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34116, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 34116 in November 2024, up by 21.4% month-over-month. Of the 17 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for 34116, FL
How long does it take to sell a home in 34116, FL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 68 Days | +47.4% |
Summary: Homes in 34116 had an average of 68 days on market in Nov 2024, up by 47.4% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 34116 has remained consistent over time.
Summary: During November 2024, 17 homes were sold in 34116; 29% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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