$3,325 Closing Credit*
$280,000
1,242 SqFt
2 Beds
•1 Full Bath
Listing Office: Keller Williams Realty - Elite Partners II
Is 34429, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 34429 was a Neutral Market.
Key Takeaway
34429 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34429, FL
How much do homes in 34429, FL cost?
Median Sold Price
$295,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,333(+7.4%)
Key Takeaway
Homes in 34429 have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in 34429 was $295,000 in November 2024, up 7.4% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $665K | +280.0% |
| 2 Bedrooms | $250.7K | $245K | -2.3% |
| 3 Bedrooms | $290K | $327.5K | +12.9% |
| 4 Bedrooms | $427.4K | $630K | +47.4% |
| 5+ Bedrooms | $491K | $1.1M | +124.0% |
Summary: 34429 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 280%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes increased by 124%.
Housing Supply in 34429, FL
How many homes are available in 34429, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 145 | 159 | +9.7% |
Summary: The 34429 real estate market had 159 homes for sale in November 2024, a 9.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 53 | 48 | -9.4% |
| 3 Bedrooms | 73 | 90 | +23.3% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 34429 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34429, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 34429 in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 34429, FL
How long does it take to sell a home in 34429, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 81 Days | +97.2% |
Summary: Homes in 34429 had an average of 81 days on market in Nov 2024, up by 97.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 34429 has remained consistent over time.
Summary: During November 2024, 12 homes were sold in 34429; 8% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.