Is 34117, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34117 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 34117 has remained a Buyer's Market.

Key Takeaway

34117 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34117, FL

How much do homes in 34117, FL cost?

Median Sold Price

$645,000

$365/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$105,100(+19.5%)

Key Takeaway

Homes in 34117 have sold for 19.5% more than they did a month ago.

Summary: The median home sold price in 34117 was $645,000 in November 2024, up 19.5% from last month, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $535K$645K
+20.6%
4 $639K-
N/A
5+ $755K-
N/A

Summary: 34117 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 did not change, 3 bedroom homes increased by 20.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

34117
+19.5%
34116
+14.8%

Housing Supply in 34117, FL

How many homes are available in 34117, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
171186+8.8%

Summary: The 34117 real estate market had 186 homes for sale in November 2024, a 8.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 94102
+8.5%
4 6167
+9.8%
5+ 1211
-8.3%

Summary: The 34117 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34117, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 34117 in November 2024, down by 20.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% were sold over asking.

Days on Market for 34117, FL

How long does it take to sell a home in 34117, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
61 Days83 Days+35.1%

Summary: Homes in 34117 had an average of 83 days on market in Nov 2024, up by 35.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34117 has remained consistent over time.

Summary: During November 2024, 12 homes were sold in 34117; 8% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 42% 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 21 Days Ago

Newest Listings in 34117, FL

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