Is 34470, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34470 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 34470 was a Seller's Market.

Key Takeaway

34470 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 34470, FL

How much do homes in 34470, FL cost?

Median Sold Price

$245,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,125(-4.7%)

Key Takeaway

Homes in 34470 have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in 34470 was $245,000 in November 2024, down 4.7% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $121K$105K
-13.2%
2 $169.7K$169.5K
-0.1%
3 $249.9K$238.7K
-4.5%
4 $315K$314.9K
0%
5+ $339.9K$352.9K
+3.8%

Summary: 34470 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Zip Codes

34471
+7.0%
34475
+6.7%
34479
+4.2%
34480
-2.3%
34470
-4.7%

Housing Supply in 34470, FL

How many homes are available in 34470, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
148155+4.7%

Summary: The 34470 real estate market had 155 homes for sale in November 2024, a 4.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 3236
+12.5%
3 7280
+11.1%
4 3636
0.0%
5+ 73
-57.1%

Summary: The 34470 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 57.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2923-20.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34470, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 34470 in November 2024, down by 20.7% month-over-month. Of the 23 sold homes, 65% were sold under asking, 22% were sold at asking, and 13% were sold over asking.

Days on Market for 34470, FL

How long does it take to sell a home in 34470, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days69 Days+50.2%

Summary: Homes in 34470 had an average of 69 days on market in Nov 2024, up by 50.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34470 has remained consistent over time.

Summary: During November 2024, 23 homes were sold in 34470; 26% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 30% 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 17 Days Ago

Newest Listings in 34470, FL

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