Is 34288, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34288 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34288 was a Neutral Market.

Key Takeaway

34288 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34288, FL

How much do homes in 34288, FL cost?

Median Sold Price

$350,000

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,999(-5.4%)

Key Takeaway

Homes in 34288 have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in 34288 was $350,000 in October 2024, down 5.4% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $325K$296K
-8.9%
3 $369K$349K
-5.4%
4 $382.5K$362.8K
-5.2%
5+ $801.9K$630.1K
-21.4%

Summary: 34288 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 8.9%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 21.4%.

Median Sold Price Compared To Nearby Zip Codes

34269
-3.1%
33954
-4.3%
34286
-4.7%
34288
-5.4%
34289
-11.7%

Housing Supply in 34288, FL

How many homes are available in 34288, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
320326+1.9%

Summary: The 34288 real estate market had 326 homes for sale in October 2024, a 1.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1718
+5.9%
3 259267
+3.1%
4 4239
-7.1%
5+ 22
0.0%

Summary: The 34288 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 increased by 5.9%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3327-18.2%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34288, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 34288 in October 2024, down by 18.2% month-over-month. Of the 27 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.

Days on Market for 34288, FL

How long does it take to sell a home in 34288, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days79 Days+64.3%

Summary: Homes in 34288 had an average of 79 days on market in Oct 2024, up by 64.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 34288 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 27 homes were sold in 34288; 30% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 44% 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 21 Days Ago

Newest Listings in 34288, FL

Nearby Markets to 34288, FL