Is 34205, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34205 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34205 was a Seller's Market.

Key Takeaway

34205 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 34205, FL

How much do homes in 34205, FL cost?

Median Sold Price

$338,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,000(+10.8%)

Key Takeaway

Homes in 34205 have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in 34205 was $338,000 in October 2024, up 10.8% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $142K$110.3K
-22.3%
2 $224K$230K
+2.7%
3 $355K$365K
+2.8%
4 $384K$443K
+15.4%
5+ $495K$607.5K
+22.7%

Summary: 34205 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 22.7%.

Median Sold Price Compared To Nearby Zip Codes

34207
+15.3%
34205
+10.8%
34209
+1.6%
34208
-3.2%
34210
-9.5%

Housing Supply in 34205, FL

How many homes are available in 34205, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
208205-1.4%

Summary: The 34205 real estate market had 205 homes for sale in October 2024, a 1.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1516
+6.7%
2 101100
-1.0%
3 6665
-1.5%
4 2017
-15.0%
5+ 67
+16.7%

Summary: The 34205 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2932+10.3%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34205, you may be able to get a good deal. 65.6% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 34205 in October 2024, up by 10.3% month-over-month. Of the 32 sold homes, 66% were sold under asking, 22% were sold at asking, and 13% were sold over asking.

Days on Market for 34205, FL

How long does it take to sell a home in 34205, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days48 Days+178.6%

Summary: Homes in 34205 had an average of 48 days on market in Oct 2024, up by 178.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34205 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 32 homes were sold in 34205; 53% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in 34205, FL

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