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 November 2023

At the same time last year, 34288 was a Seller's 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

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,139(-4.7%)

Key Takeaway

Homes in 34288 have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in 34288 was $350,000 in November 2024, down 4.7% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $323.5K$300K
-7.3%
3 $366K$348.2K
-4.9%
4 $370K$375K
+1.4%
5+ $1.0M$630.1K
-37.3%

Summary: 34288 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 decreased by 7.3%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 37.3%.

Median Sold Price Compared To Nearby Zip Codes

34269
-0.4%
33954
-3.0%
34288
-4.7%
34286
-5.2%
34289
-11.9%

Housing Supply in 34288, FL

How many homes are available in 34288, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
325340+4.6%

Summary: The 34288 real estate market had 340 homes for sale in November 2024, a 4.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1715
-11.8%
3 258270
+4.7%
4 4853
+10.4%
5+ 22
0.0%

Summary: The 34288 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 decreased by 11.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3235+9.4%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

13 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. 48.6% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 34288 in November 2024, up by 9.4% month-over-month. Of the 35 sold homes, 49% were sold under asking, 37% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
70 Days125 Days+78.7%

Summary: Homes in 34288 had an average of 125 days on market in Nov 2024, up by 78.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

21 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 November 2024, 35 homes were sold in 34288; 17% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 60% 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 23 Days Ago

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