Is 34698, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34698 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 34698 has remained a Seller's Market.

Key Takeaway

34698 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34698, FL

How much do homes in 34698, FL cost?

Median Sold Price

$431,252

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,252(+0.3%)

Key Takeaway

The sold price of homes in 34698 has remained the same since last year.

Summary: The median home sold price in 34698 was $431,252 in October 2024, up 0.3% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $192.1K$167.5K
-12.8%
2 $315K$297.5K
-5.6%
3 $552K$541K
-2.0%
4 $657.5K$769.9K
+17.1%
5+ $815K$1.1M
+47.1%

Summary: 34698 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 47.1%.

Median Sold Price Compared To Nearby Zip Codes

33761
+9.3%
33763
+3.5%
34683
+3.2%
34698
0.3%
34684
-1.3%

Housing Supply in 34698, FL

How many homes are available in 34698, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
307295-3.9%

Summary: The 34698 real estate market had 295 homes for sale in October 2024, a 3.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2824
-14.3%
2 128124
-3.1%
3 9692
-4.2%
4 4442
-4.5%
5+ 1113
+18.2%

Summary: The 34698 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5155+7.8%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34698, you may be able to get a good deal. 76.4% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in 34698 in October 2024, up by 7.8% month-over-month. Of the 55 sold homes, 76% were sold under asking, 22% were sold at asking, and 2% were sold over asking.

Days on Market for 34698, FL

How long does it take to sell a home in 34698, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days44 Days+33.7%

Summary: Homes in 34698 had an average of 44 days on market in Oct 2024, up by 33.7% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34698 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 55 homes were sold in 34698; 55% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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

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