$10,000 Closing Credit*
$1,950,000
1,620 SqFt
3 Beds
•2 Full Baths
David McCord, Sr, Listing Office: IRONGATE REALTY INC
Is 34216, 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, 34216 was a Seller's Market.
Key Takeaway
34216 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34216, FL
How much do homes in 34216, FL cost?
Median Sold Price
$2,050,000
$1,088/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+2.8%)
Key Takeaway
Homes in 34216 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 34216 was $2,050,000 in November 2024, up 2.8% from last year, and the median price per square foot was $1,088.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $743.5K | $1.3M | +84.3% |
| 3 Bedrooms | $1.8M | $1.9M | +6.8% |
| 4 Bedrooms | $3.0M | $2.9M | -1.3% |
| 5+ Bedrooms | $3.0M | $2.2M | -25.4% |
Summary: 34216 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 84.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 25.4%.
Median Sold Price Compared To Nearby Zip Codes
| 34217 | $950K | $1.0M | +5.6% |
| 34216 | $1.9M | $2.0M | +2.8% |
Housing Supply in 34216, FL
How many homes are available in 34216, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The 34216 real estate market had 29 homes for sale in November 2024, a 20.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 34216 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34216, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 34216 in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 34216, FL
How long does it take to sell a home in 34216, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 123 Days | +62.5% |
Summary: Homes in 34216 had an average of 123 days on market in Nov 2024, up by 62.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34216 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in 34216; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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