Is 34207, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34207 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 34207 was a Seller's Market.

Key Takeaway

34207 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34207, FL

How much do homes in 34207, FL cost?

Median Sold Price

$240,750

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,750(+16.9%)

Key Takeaway

Homes in 34207 have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in 34207 was $240,750 in November 2024, up 16.9% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $119K$116.5K
-2.1%
2 $185K$184K
-0.5%
3 $335K$334.9K
0%
4 $359.9K$387.5K
+7.7%
5+ $417.4K$587K
+40.6%

Summary: 34207 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 40.6%.

Median Sold Price Compared To Nearby Zip Codes

34207
+16.9%
34205
+12.6%
34243
-0.3%
34203
-5.5%
34210
-7.8%

Housing Supply in 34207, FL

How many homes are available in 34207, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
165187+13.3%

Summary: The 34207 real estate market had 187 homes for sale in November 2024, a 13.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2531
+24.0%
2 91107
+17.6%
3 2327
+17.4%
4 2218
-18.2%
5+ 44
0.0%

Summary: The 34207 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 24%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
17170.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34207, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 34207 in November 2024, the same as the previous month. Of the 17 sold homes, 76% were sold under asking, 12% were sold at asking, and 12% were sold over asking.

Days on Market for 34207, FL

How long does it take to sell a home in 34207, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days56 Days+70.7%

Summary: Homes in 34207 had an average of 56 days on market in Nov 2024, up by 70.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34207 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 17 homes were sold in 34207; 53% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 24% 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 34207, FL

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