Is 34134, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34134 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 34134 was a Neutral Market.

Key Takeaway

34134 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34134, FL

How much do homes in 34134, FL cost?

Median Sold Price

$875,000

$461/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$68,333(+8.5%)

Key Takeaway

Homes in 34134 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 34134 was $875,000 in November 2024, up 8.5% from last year, and the median price per square foot was $461.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $390K$316.5K
-18.8%
2 $565K$530K
-6.2%
3 $925K$978.3K
+5.8%
4 $1.4M$2.3M
+55.9%
5+ $3.4M$3.2M
-4.5%

Summary: 34134 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 55.9%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

34134
+8.5%
34110
+3.8%
33928
+3.8%
34135
+2.1%
33931
-6.5%

Housing Supply in 34134, FL

How many homes are available in 34134, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
427535+25.3%

Summary: The 34134 real estate market had 535 homes for sale in November 2024, a 25.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2330
+30.4%
2 101126
+24.8%
3 214266
+24.3%
4 7391
+24.7%
5+ 1622
+37.5%

Summary: The 34134 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.4%, 2 bedroom homes increased by 24.8%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2021+5.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34134, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 34134 in November 2024, up by 5.0% month-over-month. Of the 21 sold homes, 86% were sold under asking, 10% were sold at asking, and 5% were sold over asking.

Days on Market for 34134, FL

How long does it take to sell a home in 34134, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days67 Days+26.4%

Summary: Homes in 34134 had an average of 67 days on market in Nov 2024, up by 26.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34134 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in 34134; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% 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

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