$10,000 Closing Credit*
$1,175,000
2,445 SqFt
3 Beds
•3 Full Baths
Dawn Merrill, Listing Office: COMPASS FLORIDA LLC
Is 34202, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 34202 was a Seller's Market.
Key Takeaway
34202 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34202, FL
How much do homes in 34202, FL cost?
Median Sold Price
$849,237
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$42,904(+5.3%)
Key Takeaway
Homes in 34202 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 34202 was $849,237 in November 2024, up 5.3% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $227.5K | $225K | -1.1% |
| 2 Bedrooms | $556K | $496.2K | -10.7% |
| 3 Bedrooms | $771K | $811.6K | +5.3% |
| 4 Bedrooms | $1.2M | $1.2M | -1.2% |
| 5+ Bedrooms | $1.7M | $1.7M | +4.9% |
Summary: 34202 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 34202, FL
How many homes are available in 34202, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 362 | 376 | +3.9% |
Summary: The 34202 real estate market had 376 homes for sale in November 2024, a 3.9% 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 | 66 | 72 | +9.1% |
| 3 Bedrooms | 173 | 184 | +6.4% |
| 4 Bedrooms | 95 | 90 | -5.3% |
| 5+ Bedrooms | 27 | 28 | +3.7% |
Summary: The 34202 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 9.1%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 3.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 44 | +10.0% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34202, you may be able to get a good deal. 84.1% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in 34202 in November 2024, up by 10.0% month-over-month. Of the 44 sold homes, 84% were sold under asking, 11% were sold at asking, and 5% were sold over asking.
Days on Market for 34202, FL
How long does it take to sell a home in 34202, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 110 Days | +111.6% |
Summary: Homes in 34202 had an average of 110 days on market in Nov 2024, up by 111.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34202 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 44 homes were sold in 34202; 27% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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