$16,900
0.25 Acres
Land
Manny Bermudez, Listing Office: CENTRAL CITY REALTY
Is 34431, 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, 34431 was a Seller's Market.
Key Takeaway
34431 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34431, FL
How much do homes in 34431, FL cost?
Median Sold Price
$250,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,000(-1.6%)
Key Takeaway
Homes in 34431 have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in 34431 was $250,000 in November 2024, down 1.6% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $202.5K | +62.0% |
| 2 Bedrooms | $202.5K | $206K | +1.7% |
| 3 Bedrooms | $270K | $253.5K | -6.1% |
| 4 Bedrooms | $329K | $346K | +5.2% |
| 5+ Bedrooms | $445K | $497.4K | +11.8% |
Summary: 34431 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 11.8%.
Housing Supply in 34431, FL
How many homes are available in 34431, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 164 | 183 | +11.6% |
Summary: The 34431 real estate market had 183 homes for sale in November 2024, a 11.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 27 | 26 | -3.7% |
| 3 Bedrooms | 118 | 132 | +11.9% |
| 4 Bedrooms | 17 | 21 | +23.5% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 34431 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 3.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 19 | -26.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34431, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 34431 in November 2024, down by 26.9% month-over-month. Of the 19 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for 34431, FL
How long does it take to sell a home in 34431, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 37 Days | +6.4% |
Summary: Homes in 34431 had an average of 37 days on market in Nov 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34431 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 34431; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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