Is 34293, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34293 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34293 was a Seller's Market.

Key Takeaway

34293 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34293, FL

How much do homes in 34293, FL cost?

Median Sold Price

$443,776

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,223(-0.3%)

Key Takeaway

The sold price of homes in 34293 has remained the same since last year.

Summary: The median home sold price in 34293 was $443,776 in October 2024, down 0.3% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210K$165K
-21.4%
2 $369.9K$355K
-4.1%
3 $501.4K$493.8K
-1.5%
4 $710K$725K
+2.1%
5+ $809.9K$725.9K
-10.4%

Summary: 34293 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.4%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 10.4%.

Median Sold Price Compared To Nearby Zip Codes

34223
+1.7%
34285
0.4%
34293
-0.3%
34287
-1.7%
34292
-4.0%

Housing Supply in 34293, FL

How many homes are available in 34293, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770832+8.1%

Summary: The 34293 real estate market had 832 homes for sale in October 2024, a 8.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 303337
+11.2%
3 373389
+4.3%
4 7892
+17.9%
5+ 1514
-6.7%

Summary: The 34293 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 increased by 11.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85109+28.2%

Asking Price vs. Sold Price

84 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34293, you may be able to get a good deal. 77.1% of homes here sold below asking price last month.

Summary: A total of 109 homes were sold or pending in 34293 in October 2024, up by 28.2% month-over-month. Of the 109 sold homes, 77% were sold under asking, 17% were sold at asking, and 6% were sold over asking.

Days on Market for 34293, FL

How long does it take to sell a home in 34293, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days85 Days+76.8%

Summary: Homes in 34293 had an average of 85 days on market in Oct 2024, up by 76.8% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

46 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 34293 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 109 homes were sold in 34293; 34% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 42% 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

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