Is 34691, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34691 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34691 was a Seller's Market.

Key Takeaway

34691 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34691, FL

How much do homes in 34691, FL cost?

Median Sold Price

$248,095

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,905(-0.8%)

Key Takeaway

Homes in 34691 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 34691 was $248,095 in October 2024, down 0.8% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $105.7K$129.5K
+22.5%
2 $220K$225K
+2.3%
3 $284K$288.5K
+1.6%
4 $462.5K$469K
+1.4%
5+ $555K$545K
-1.8%

Summary: 34691 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Zip Codes

34689
+6.5%
34690
0.0%
34691
-0.8%
34652
-5.1%

Housing Supply in 34691, FL

How many homes are available in 34691, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2552550.0%

Summary: The 34691 real estate market had 255 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 120124
+3.3%
3 107107
0.0%
4 2018
-10.0%
5+ 65
-16.7%

Summary: The 34691 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 3.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3721-43.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34691, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 34691 in October 2024, down by 43.2% month-over-month. Of the 21 sold homes, 52% were sold under asking, 14% were sold at asking, and 33% were sold over asking.

Days on Market for 34691, FL

How long does it take to sell a home in 34691, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days48 Days+85.3%

Summary: Homes in 34691 had an average of 48 days on market in Oct 2024, up by 85.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34691 has remained consistent over time.

Summary: During October 2024, 21 homes were sold in 34691; 33% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 19% 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 34691, FL

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