$10,000 Closing Credit*
$2,200,000
3,802 SqFt
3 Beds
•3 Full Baths, 1 Partial
Mary Pat Phillips Radford, Listing Office: MICHAEL SAUNDERS & COMPANY
Is 34231, 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, 34231 was a Seller's Market.
Key Takeaway
34231 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34231, FL
How much do homes in 34231, FL cost?
Median Sold Price
$414,158
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$6,841(-1.6%)
Key Takeaway
Homes in 34231 have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in 34231 was $414,158 in November 2024, down 1.6% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $175K | -14.6% |
| 2 Bedrooms | $350K | $329.9K | -5.7% |
| 3 Bedrooms | $535K | $520K | -2.8% |
| 4 Bedrooms | $1.2M | $837.5K | -30.2% |
| 5+ Bedrooms | $1.8M | $1.5M | -14.6% |
Summary: 34231 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 30.2%, and 5+ bedroom homes decreased by 14.6%.
Housing Supply in 34231, FL
How many homes are available in 34231, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 277 | 310 | +11.9% |
Summary: The 34231 real estate market had 310 homes for sale in November 2024, a 11.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 15 | +36.4% |
| 2 Bedrooms | 119 | 133 | +11.8% |
| 3 Bedrooms | 109 | 123 | +12.8% |
| 4 Bedrooms | 33 | 33 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 34231 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 12.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 25 | -28.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 34231, you may be able to get a good deal. 92% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 34231 in November 2024, down by 28.6% month-over-month. Of the 25 sold homes, 92% were sold under asking, 4% were sold at asking, and 4% were sold over asking.
Days on Market for 34231, FL
How long does it take to sell a home in 34231, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 79 Days | +105.0% |
Summary: Homes in 34231 had an average of 79 days on market in Nov 2024, up by 105% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34231 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 34231; 40% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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