Is 34285, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34285 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 34285 was a Seller's Market.

Key Takeaway

34285 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34285, FL

How much do homes in 34285, FL cost?

Median Sold Price

$418,500

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$100(0.0%)

Key Takeaway

The sold price of homes in 34285 has remained the same since last year.

Summary: The median home sold price in 34285 was $418,500 in November 2024, the same as last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $260K$222.5K
-14.4%
2 $354.8K$350K
-1.4%
3 $575K$619K
+7.7%
4 $926.2K$850K
-8.2%
5+ $1.2M$1.1M
-4.2%

Summary: 34285 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.4%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

34285
0.0%
34293
-1.8%
34275
-6.9%
34292
-9.8%

Housing Supply in 34285, FL

How many homes are available in 34285, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
214255+19.2%

Summary: The 34285 real estate market had 255 homes for sale in November 2024, a 19.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1419
+35.7%
2 137155
+13.1%
3 5775
+31.6%
4 54
-20.0%
5+ 12
+100.0%

Summary: The 34285 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.7%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 31.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2117-19.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34285, you may be able to get a good deal. 88.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 34285 in November 2024, down by 19.0% month-over-month. Of the 17 sold homes, 88% were sold under asking, 12% were sold at asking, and 0% were sold over asking.

Days on Market for 34285, FL

How long does it take to sell a home in 34285, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days88 Days+113.3%

Summary: Homes in 34285 had an average of 88 days on market in Nov 2024, up by 113.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 34285 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 34285; 35% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 47% 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

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