Is 34241, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34241 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34241 was a Seller's Market.

Key Takeaway

34241 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 34241, FL

How much do homes in 34241, FL cost?

Median Sold Price

$601,950

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,759(-2.7%)

Key Takeaway

Homes in 34241 have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in 34241 was $601,950 in October 2024, down 2.7% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $420K$360K
-14.3%
3 $520K$607.6K
+16.8%
4 $875K$875K
0.0%
5+ $1.1M$1.0M
-6.1%

Summary: 34241 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 16.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

34240
+11.6%
34291
-1.4%
34241
-2.7%
34292
-4.0%
34275
-7.4%

Housing Supply in 34241, FL

How many homes are available in 34241, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
152145-4.6%

Summary: The 34241 real estate market had 145 homes for sale in October 2024, a 4.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2723
-14.8%
3 5450
-7.4%
4 5254
+3.8%
5+ 1918
-5.3%

Summary: The 34241 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.8%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3323-30.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34241, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 34241 in October 2024, down by 30.3% month-over-month. Of the 23 sold homes, 57% were sold under asking, 39% were sold at asking, and 4% were sold over asking.

Days on Market for 34241, FL

How long does it take to sell a home in 34241, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days67 Days+89.3%

Summary: Homes in 34241 had an average of 67 days on market in Oct 2024, up by 89.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34241 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in 34241; 65% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 26% 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 14 Days Ago

Newest Listings in 34241, FL

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