Is 34606, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34606 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34606 was a Seller's Market.

Key Takeaway

34606 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 34606, FL

How much do homes in 34606, FL cost?

Median Sold Price

$294,200

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,200(+3.2%)

Key Takeaway

Homes in 34606 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 34606 was $294,200 in October 2024, up 3.2% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$165K
+37.5%
2 $254.2K$262K
+3.1%
3 $302.2K$310K
+2.6%
4 $329.9K$335K
+1.5%
5+ $365K$372K
+1.9%

Summary: 34606 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

34613
+13.6%
34608
+4.5%
34606
+3.2%
34667
-1.4%
34607
-1.8%

Housing Supply in 34606, FL

How many homes are available in 34606, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
403412+2.2%

Summary: The 34606 real estate market had 412 homes for sale in October 2024, a 2.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 169177
+4.7%
3 181177
-2.2%
4 4650
+8.7%
5+ 56
+20.0%

Summary: The 34606 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 4.7%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8168-16.0%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34606, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 68 homes were sold or pending in 34606 in October 2024, down by 16.0% month-over-month. Of the 68 sold homes, 63% were sold under asking, 19% were sold at asking, and 18% were sold over asking.

Days on Market for 34606, FL

How long does it take to sell a home in 34606, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days43 Days+43.1%

Summary: Homes in 34606 had an average of 43 days on market in Oct 2024, up by 43.1% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34606 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 68 homes were sold in 34606; 54% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% 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 14 Days Ago

Newest Listings in 34606, FL

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