Is 34481, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34481 is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 34481 was a Seller's Market.

Key Takeaway

34481 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34481, FL

How much do homes in 34481, FL cost?

Median Sold Price

$284,506

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$13,920(+5.1%)

Key Takeaway

Homes in 34481 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 34481 was $284,506 in September 2024, up 5.1% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $80K-
N/A
2 $225K$217.1K
-3.5%
3 $310.7K$324.9K
+4.5%
4 $365K$338.9K
-7.1%
5+ $387.1K$383.3K
-1.0%

Summary: 34481 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Zip Codes

34481
+5.1%
34432
+2.3%
34482
+2.3%
34476
-1.9%
34474
-2.2%

Housing Supply in 34481, FL

How many homes are available in 34481, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
562537-4.4%

Summary: The 34481 real estate market had 537 homes for sale in September 2024, a 4.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 306304
-0.7%
3 197175
-11.2%
4 5454
0.0%
5+ 54
-20.0%

Summary: The 34481 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
10967-38.5%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34481, you may be able to get a good deal. 79.1% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in 34481 in September 2024, down by 38.5% month-over-month. Of the 67 sold homes, 79% were sold under asking, 13% were sold at asking, and 7% were sold over asking.

Days on Market for 34481, FL

How long does it take to sell a home in 34481, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
49 Days87 Days+76.0%

Summary: Homes in 34481 had an average of 87 days on market in Sep 2024, up by 76% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 34481 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 67 homes were sold in 34481; 34% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 36% 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 Sep 1, 2024

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