Is 34251, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34251 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 34251 has remained a Buyer's Market.

Key Takeaway

34251 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34251, FL

How much do homes in 34251, FL cost?

Median Sold Price

$700,000

$339/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,000(+5.9%)

Key Takeaway

Homes in 34251 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 34251 was $700,000 in November 2024, up 5.9% from last year, and the median price per square foot was $339.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$399K
N/A
2 $501.5K$537K
+7.1%
3 $661K$650K
-1.7%
4 $690K$775K
+12.3%
5+ $865K$1.4M
+70.5%

Summary: 34251 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 70.5%.

Median Sold Price Compared To Nearby Zip Codes

34240
+10.8%
34251
+5.9%
34202
+5.3%
34211
-4.0%
34219
-4.1%

Housing Supply in 34251, FL

How many homes are available in 34251, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3237+15.6%

Summary: The 34251 real estate market had 37 homes for sale in November 2024, a 15.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1722
+29.4%
4 99
0.0%
5+ 22
0.0%

Summary: The 34251 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 29.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34251, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 34251 in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 34251, FL

How long does it take to sell a home in 34251, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days72 Days+101.4%

Summary: Homes in 34251 had an average of 72 days on market in Nov 2024, up by 101.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34251 has remained consistent over time.

Summary: During November 2024, 4 homes were sold in 34251; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in 34251, FL

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