Is 34203, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34203 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 34203 was a Seller's Market.

Key Takeaway

34203 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34203, FL

How much do homes in 34203, FL cost?

Median Sold Price

$394,750

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$22,835(-5.5%)

Key Takeaway

Homes in 34203 have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in 34203 was $394,750 in November 2024, down 5.5% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $107.5K$255K
+137.2%
2 $337K$321.2K
-4.7%
3 $430K$400K
-7.0%
4 $561.7K$547K
-2.6%
5+ $397.5K$580K
+45.9%

Summary: 34203 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 137.2%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 45.9%.

Median Sold Price Compared To Nearby Zip Codes

34207
+16.9%
34201
+4.5%
34243
-0.3%
34208
-3.3%
34203
-5.5%

Housing Supply in 34203, FL

How many homes are available in 34203, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3043040.0%

Summary: The 34203 real estate market had 304 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 110111
+0.9%
3 133140
+5.3%
4 5245
-13.5%
5+ 98
-11.1%

Summary: The 34203 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 0.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4336-16.3%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34203, you may be able to get a good deal. 80.6% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 34203 in November 2024, down by 16.3% month-over-month. Of the 36 sold homes, 81% were sold under asking, 14% were sold at asking, and 6% were sold over asking.

Days on Market for 34203, FL

How long does it take to sell a home in 34203, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days63 Days+56.5%

Summary: Homes in 34203 had an average of 63 days on market in Nov 2024, up by 56.5% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34203 has remained consistent over time.

Summary: During November 2024, 36 homes were sold in 34203; 33% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 28% 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 34203, FL

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