$10,000 Closing Credit*
$1,399,000
1,316 SqFt
2 Beds
•2 Full Baths
Jennifer Russo, Listing Office: COLDWELL BANKER REALTY
Is 34242, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 34242 has remained a Buyer's Market.
Key Takeaway
34242 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34242, FL
How much do homes in 34242, FL cost?
Median Sold Price
$1,069,583
$697/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$97,616(+10.0%)
Key Takeaway
Homes in 34242 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 34242 was $1,069,583 in November 2024, up 10% from last year, and the median price per square foot was $697.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $532.5K | $527.5K | -0.9% |
| 2 Bedrooms | $763.7K | $800K | +4.7% |
| 3 Bedrooms | $1.6M | $1.4M | -9.9% |
| 4 Bedrooms | $2.7M | $2.1M | -22.2% |
| 5+ Bedrooms | $4.5M | $4.8M | +5.2% |
Summary: 34242 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in 34242, FL
How many homes are available in 34242, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 213 | 255 | +19.7% |
Summary: The 34242 real estate market had 255 homes for sale in November 2024, a 19.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 26 | 31 | +19.2% |
| 2 Bedrooms | 88 | 99 | +12.5% |
| 3 Bedrooms | 46 | 62 | +34.8% |
| 4 Bedrooms | 42 | 50 | +19.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 34242 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19.2%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 34.8%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34242, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 34242 in November 2024, up by 6.3% month-over-month. Of the 17 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.
Days on Market for 34242, FL
How long does it take to sell a home in 34242, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 106 Days | +125.3% |
Summary: Homes in 34242 had an average of 106 days on market in Nov 2024, up by 125.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34242 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 17 homes were sold in 34242; 29% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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.