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 November 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

$320,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$7,652(-2.3%)

Key Takeaway

Homes in 34480 have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in 34480 was $320,000 in November 2024, down 2.3% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $169.9K-
N/A
2 $164.9K$192.5K
+16.7%
3 $275K$275K
0.0%
4 $387K$365K
-5.7%
5+ $475K$417.7K
-12.0%

Summary: 34480 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 12%.

Median Sold Price Compared To Nearby Zip Codes

34420
+8.2%
34471
+7.0%
34472
0.0%
34480
-2.3%
34470
-4.7%

Housing Supply in 34480, FL

How many homes are available in 34480, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
252238-5.6%

Summary: The 34480 real estate market had 238 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1617
+6.3%
3 120109
-9.2%
4 10090
-10.0%
5+ 1622
+37.5%

Summary: The 34480 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 increased by 6.3%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4236-14.3%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 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. 63.9% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 34480 in November 2024, down by 14.3% month-over-month. Of the 36 sold homes, 64% were sold under asking, 31% were sold at asking, and 6% 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

Nov 2023Nov 2024CHANGE
52 Days69 Days+31.9%

Summary: Homes in 34480 had an average of 69 days on market in Nov 2024, up by 31.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

12 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 November 2024, 36 homes were sold in 34480; 39% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 33% 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 34480, FL

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