Is 34289, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34289 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34289 was a Seller's Market.

Key Takeaway

34289 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34289, FL

How much do homes in 34289, FL cost?

Median Sold Price

$374,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$49,330(-11.7%)

Key Takeaway

Homes in 34289 have sold for 11.7% less than they did a year ago.

Summary: The median home sold price in 34289 was $374,000 in October 2024, down 11.7% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $411K$355K
-13.6%
3 $425K$369.8K
-13.0%
4 $518.2K$413.5K
-20.2%
5+ $575K$555K
-3.5%

Summary: 34289 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 13.6%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Zip Codes

34286
-4.7%
34288
-5.4%
34289
-11.7%

Housing Supply in 34289, FL

How many homes are available in 34289, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
55550.0%

Summary: The 34289 real estate market had 55 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2024
+20.0%
3 2520
-20.0%
4 910
+11.1%
5+ 11
0.0%

Summary: The 34289 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 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
113-72.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34289, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 34289 in October 2024, down by 72.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 34289, FL

How long does it take to sell a home in 34289, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days118 Days+119.2%

Summary: Homes in 34289 had an average of 118 days on market in Oct 2024, up by 119.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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 34289 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 34289; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 14 Days Ago

Newest Listings in 34289, FL

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