Is 34480, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34480 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34480 was a Seller's Market.

Key Takeaway

34480 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 34480, FL

How much do homes in 34480, FL cost?

Median Sold Price

$316,776

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,969(-3.6%)

Key Takeaway

Homes in 34480 have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in 34480 was $316,776 in October 2024, down 3.6% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $169.9K-
N/A
2 $165K$185K
+12.1%
3 $275K$275K
0.0%
4 $387.1K$366.6K
-5.3%
5+ $475K$417.7K
-12.0%

Summary: 34480 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 12%.

Median Sold Price Compared To Nearby Zip Codes

34420
+9.8%
34471
+5.0%
34472
0.0%
34480
-3.6%
34470
-3.9%

Housing Supply in 34480, FL

How many homes are available in 34480, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
255248-2.7%

Summary: The 34480 real estate market had 248 homes for sale in October 2024, a 2.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1214
+16.7%
3 116115
-0.9%
4 105103
-1.9%
5+ 2216
-27.3%

Summary: The 34480 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 increased by 16.7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4940-18.4%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34480, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 34480 in October 2024, down by 18.4% month-over-month. Of the 40 sold homes, 60% were sold under asking, 28% were sold at asking, and 13% were sold over asking.

Days on Market for 34480, FL

How long does it take to sell a home in 34480, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days58 Days+3.9%

Summary: Homes in 34480 had an average of 58 days on market in Oct 2024, up by 3.9% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34480 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 40 homes were sold in 34480; 55% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 18% 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 15 Days Ago

Newest Listings in 34480, FL

Nearby Markets to 34480, FL