$5,343 Closing Credit*
$449,900
2,130 SqFt
3 Beds
•2 Full Baths
Rich Harripersaud, Listing Office: PRESTIGE REALTY OF CFL, INC.
Is 34748, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 34748 was a Seller's Market.
Key Takeaway
34748 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 34748, FL
How much do homes in 34748, FL cost?
Median Sold Price
$297,773
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,873(+1.0%)
Key Takeaway
Homes in 34748 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 34748 was $297,773 in October 2024, up 1% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $87.5K | +9.4% |
| 2 Bedrooms | $225K | $250K | +11.1% |
| 3 Bedrooms | $309.7K | $310K | 0.1% |
| 4 Bedrooms | $357.5K | $372.5K | +4.2% |
| 5+ Bedrooms | $447K | $422K | -5.6% |
Summary: 34748 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in 34748, FL
How many homes are available in 34748, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 441 | 439 | -0.5% |
Summary: The 34748 real estate market had 439 homes for sale in October 2024, a 0.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 135 | 115 | -14.8% |
| 3 Bedrooms | 225 | 248 | +10.2% |
| 4 Bedrooms | 66 | 61 | -7.6% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 34748 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 decreased by 14.8%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 67 | -11.8% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34748, you may be able to get a good deal. 64.2% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in 34748 in October 2024, down by 11.8% month-over-month. Of the 67 sold homes, 64% were sold under asking, 25% were sold at asking, and 10% were sold over asking.
Days on Market for 34748, FL
How long does it take to sell a home in 34748, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 66 Days | +50.8% |
Summary: Homes in 34748 had an average of 66 days on market in Oct 2024, up by 50.8% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34748 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 67 homes were sold in 34748; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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