Is 34488, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34488 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 34488 was a Seller's Market.

Key Takeaway

34488 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 34488, FL

How much do homes in 34488, FL cost?

Median Sold Price

$186,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,000(+1.1%)

Key Takeaway

Homes in 34488 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 34488 was $186,000 in November 2024, up 1.1% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $89.9K$142.5K
+58.3%
2 $99.5K$113K
+13.6%
3 $200K$219K
+9.5%
4 $332.2K$381.5K
+14.8%
5+ $750.6K$620K
-17.4%

Summary: 34488 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.3%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 17.4%.

Median Sold Price Compared To Nearby Zip Codes

32179
+2.1%
34488
+1.1%
34472
0.0%
34470
-4.7%

Housing Supply in 34488, FL

How many homes are available in 34488, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3642+16.7%

Summary: The 34488 real estate market had 42 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 2023
+15.0%
4 1313
0.0%
5+ 00
0.0%

Summary: The 34488 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 100%, 3 bedroom homes increased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34488, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 34488 in November 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 34488, FL

How long does it take to sell a home in 34488, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days51 Days-6.6%

Summary: Homes in 34488 had an average of 51 days on market in Nov 2024, down by 6.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34488 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 34488; 50% of homes were sold within 30 days, 17% 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 22 Days Ago

Newest Listings in 34488, FL

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