Is 34209, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34209 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34209 was a Seller's Market.

Key Takeaway

34209 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34209, FL

How much do homes in 34209, FL cost?

Median Sold Price

$450,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,214(+1.6%)

Key Takeaway

Homes in 34209 have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in 34209 was $450,000 in October 2024, up 1.6% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $174.5K$180K
+3.2%
2 $325K$295K
-9.2%
3 $528K$550K
+4.2%
4 $740K$717.5K
-3.0%
5+ $1.2M$993.7K
-17.2%

Summary: 34209 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 17.2%.

Median Sold Price Compared To Nearby Zip Codes

34205
+10.8%
34209
+1.6%
34221
0.1%
34210
-9.5%

Housing Supply in 34209, FL

How many homes are available in 34209, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
313324+3.5%

Summary: The 34209 real estate market had 324 homes for sale in October 2024, a 3.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1820
+11.1%
2 151166
+9.9%
3 9895
-3.1%
4 3529
-17.1%
5+ 1114
+27.3%

Summary: The 34209 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 9.9%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3446+35.3%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34209, you may be able to get a good deal. 91.3% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in 34209 in October 2024, up by 35.3% month-over-month. Of the 46 sold homes, 91% were sold under asking, 7% were sold at asking, and 2% were sold over asking.

Days on Market for 34209, FL

How long does it take to sell a home in 34209, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days90 Days+141.6%

Summary: Homes in 34209 had an average of 90 days on market in Oct 2024, up by 141.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34209 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 46 homes were sold in 34209; 37% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 35% 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 34209, FL

Nearby Markets to 34209, FL