Is 34235, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34235 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 34235 has remained a Buyer's Market.

Key Takeaway

34235 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34235, FL

How much do homes in 34235, FL cost?

Median Sold Price

$370,000

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,500(-4.0%)

Key Takeaway

Homes in 34235 have sold for 4% less than they did a year ago.

Summary: The median home sold price in 34235 was $370,000 in November 2024, down 4% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $231.4K$212.5K
-8.2%
2 $330K$320K
-3.0%
3 $474K$445.5K
-6.0%
4 $587.5K$488.5K
-16.9%
5+ $583.5K$1.4M
+151.1%

Summary: 34235 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes increased by 151.1%.

Median Sold Price Compared To Nearby Zip Codes

34234
+21.4%
34201
+4.5%
34243
-0.3%
34232
-2.6%
34235
-4.0%

Housing Supply in 34235, FL

How many homes are available in 34235, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
187195+4.3%

Summary: The 34235 real estate market had 195 homes for sale in November 2024, a 4.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1012
+20.0%
2 8492
+9.5%
3 8077
-3.8%
4 1112
+9.1%
5+ 22
0.0%

Summary: The 34235 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3120-35.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34235, you may be able to get a good deal. 85% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 34235 in November 2024, down by 35.5% month-over-month. Of the 20 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% were sold over asking.

Days on Market for 34235, FL

How long does it take to sell a home in 34235, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days76 Days+191.0%

Summary: Homes in 34235 had an average of 76 days on market in Nov 2024, up by 191% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 34235 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 20 homes were sold in 34235; 35% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 40% 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 23 Days Ago

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