Is 34609, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34609 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 34609 has remained a Seller's Market.

Key Takeaway

34609 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34609, FL

How much do homes in 34609, FL cost?

Median Sold Price

$335,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$377(-0.1%)

Key Takeaway

The sold price of homes in 34609 has remained the same since last year.

Summary: The median home sold price in 34609 was $335,000 in November 2024, down 0.1% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K-
N/A
2 $260K$259K
-0.4%
3 $331.3K$325.8K
-1.7%
4 $374.9K$360K
-4.0%
5+ $410K$362.3K
-11.6%

Summary: 34609 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 decreased by 0.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Zip Codes

34613
+7.3%
34608
+3.0%
34604
+2.9%
34610
+2.4%
34609
-0.1%

Housing Supply in 34609, FL

How many homes are available in 34609, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
543505-7.0%

Summary: The 34609 real estate market had 505 homes for sale in November 2024, a 7.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 8288
+7.3%
3 255255
0.0%
4 179142
-20.7%
5+ 2720
-25.9%

Summary: The 34609 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 7.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 25.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13294-28.8%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34609, you may be able to get a good deal. 51.1% of homes here sold below asking price last month.

Summary: A total of 94 homes were sold or pending in 34609 in November 2024, down by 28.8% month-over-month. Of the 94 sold homes, 51% were sold under asking, 38% were sold at asking, and 11% were sold over asking.

Days on Market for 34609, FL

How long does it take to sell a home in 34609, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days44 Days-0.3%

Summary: Homes in 34609 had an average of 44 days on market in Nov 2024, down by 0.3% compared to last year.

Breakdown of Home Sale Times

29 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 34609 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 94 homes were sold in 34609; 31% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 12% 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

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