Is 34292, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34292 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34292 was a Seller's Market.

Key Takeaway

34292 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34292, FL

How much do homes in 34292, FL cost?

Median Sold Price

$430,766

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$18,099(-4.0%)

Key Takeaway

Homes in 34292 have sold for 4% less than they did a year ago.

Summary: The median home sold price in 34292 was $430,766 in October 2024, down 4% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $203K$120K
-40.9%
2 $390K$355K
-9.0%
3 $550K$541.6K
-1.5%
4 $627.5K$630K
0.4%
5+ $745K$847.5K
+13.8%

Summary: 34292 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.9%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 13.8%.

Median Sold Price Compared To Nearby Zip Codes

34285
0.4%
34293
-0.3%
34291
-1.4%
34292
-4.0%
34275
-7.4%

Housing Supply in 34292, FL

How many homes are available in 34292, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
186189+1.6%

Summary: The 34292 real estate market had 189 homes for sale in October 2024, a 1.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 8484
0.0%
3 7576
+1.3%
4 2224
+9.1%
5+ 45
+25.0%

Summary: The 34292 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3222-31.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34292, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 34292 in October 2024, down by 31.3% month-over-month. Of the 22 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.

Days on Market for 34292, FL

How long does it take to sell a home in 34292, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days91 Days+108.3%

Summary: Homes in 34292 had an average of 91 days on market in Oct 2024, up by 108.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34292 has remained consistent over time.

Summary: During October 2024, 22 homes were sold in 34292; 23% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 27% 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 34292, FL

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