Is 34448, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34448 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 34448 has remained a Buyer's Market.

Key Takeaway

34448 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34448, FL

How much do homes in 34448, FL cost?

Median Sold Price

$314,780

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,220(-1.0%)

Key Takeaway

Homes in 34448 have sold for 1% less than they did a year ago.

Summary: The median home sold price in 34448 was $314,780 in October 2024, down 1% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $61.7K$185K
+199.6%
2 $275K$287.5K
+4.5%
3 $265K$305.6K
+15.3%
4 $346K$330.2K
-4.6%
5+ $386.9K$401.9K
+3.9%

Summary: 34448 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 199.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

34446
+4.9%
34614
+4.3%
34461
+1.4%
34429
+0.9%
34448
-1.0%

Housing Supply in 34448, FL

How many homes are available in 34448, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9690-6.3%

Summary: The 34448 real estate market had 90 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 2520
-20.0%
3 3740
+8.1%
4 2522
-12.0%
5+ 65
-16.7%

Summary: The 34448 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 decreased by 20%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34448, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 34448 in October 2024, down by 58.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 34448, FL

How long does it take to sell a home in 34448, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days85 Days+333.7%

Summary: Homes in 34448 had an average of 85 days on market in Oct 2024, up by 333.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34448 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 34448; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 34448, FL

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