$4,928 Closing Credit*
$415,000
1,825 SqFt
4 Beds
•2 Full Baths
Jesse DeMello, Listing Office: RE/MAX PALM REALTY
Is 34221, 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, 34221 was a Seller's Market.
Key Takeaway
34221 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 34221, FL
How much do homes in 34221, FL cost?
Median Sold Price
$398,986
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,013(-0.3%)
Key Takeaway
The sold price of homes in 34221 has remained the same since last year.
Summary: The median home sold price in 34221 was $398,986 in November 2024, down 0.3% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $79.5K | $118.1K | +48.6% |
| 2 Bedrooms | $310K | $373.9K | +20.6% |
| 3 Bedrooms | $381.3K | $366.1K | -4.0% |
| 4 Bedrooms | $430K | $415K | -3.5% |
| 5+ Bedrooms | $432.9K | $421.4K | -2.7% |
Summary: 34221 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.6%, 2 bedroom homes increased by 20.6%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 2.7%.
Housing Supply in 34221, FL
How many homes are available in 34221, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 569 | 591 | +3.9% |
Summary: The 34221 real estate market had 591 homes for sale in November 2024, a 3.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 94 | 101 | +7.4% |
| 3 Bedrooms | 273 | 284 | +4.0% |
| 4 Bedrooms | 161 | 160 | -0.6% |
| 5+ Bedrooms | 40 | 43 | +7.5% |
Summary: The 34221 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 7.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 94 | +19.0% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34221, you may be able to get a good deal. 57.4% of homes here sold below asking price last month.
Summary: A total of 94 homes were sold or pending in 34221 in November 2024, up by 19.0% month-over-month. Of the 94 sold homes, 57% were sold under asking, 36% were sold at asking, and 6% were sold over asking.
Days on Market for 34221, FL
How long does it take to sell a home in 34221, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 55 Days | -14.7% |
Summary: Homes in 34221 had an average of 55 days on market in Nov 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34221 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 94 homes were sold in 34221; 47% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.