Is 34234, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34234 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34234 was a Seller's Market.

Key Takeaway

34234 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34234, FL

How much do homes in 34234, FL cost?

Median Sold Price

$330,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,533(+16.8%)

Key Takeaway

Homes in 34234 have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in 34234 was $330,000 in October 2024, up 16.8% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $117.5K$196.8K
+67.6%
2 $245K$251.2K
+2.6%
3 $350K$375K
+7.1%
4 $652K$449.9K
-31.0%
5+ $1.0M$700K
-30.9%

Summary: 34234 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.6%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 31%, and 5+ bedroom homes decreased by 30.9%.

Median Sold Price Compared To Nearby Zip Codes

34236
+20.3%
34234
+16.8%
34243
-0.1%
34235
-1.0%
34237
-4.0%

Housing Supply in 34234, FL

How many homes are available in 34234, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10398-4.9%

Summary: The 34234 real estate market had 98 homes for sale in October 2024, a 4.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 3334
+3.0%
3 4642
-8.7%
4 1413
-7.1%
5+ 77
0.0%

Summary: The 34234 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
148-42.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34234, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 34234 in October 2024, down by 42.9% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for 34234, FL

How long does it take to sell a home in 34234, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days21 Days-33.6%

Summary: Homes in 34234 had an average of 21 days on market in Oct 2024, down by 33.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34234 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 34234; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 13 Days Ago

Newest Listings in 34234, FL

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