$1,508 Closing Credit*
$127,000
938 SqFt
2 Beds
•2 Full Baths
Gina Battaglia, Listing Office: RE/MAX PREMIER REALTY
Is 34748, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 34748 was a Seller's Market.
Key Takeaway
34748 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34748, FL
How much do homes in 34748, FL cost?
Median Sold Price
$295,659
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$686(+0.2%)
Key Takeaway
The sold price of homes in 34748 has remained the same since last year.
Summary: The median home sold price in 34748 was $295,659 in November 2024, up 0.2% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $87.5K | +9.4% |
| 2 Bedrooms | $228.3K | $250K | +9.5% |
| 3 Bedrooms | $307.9K | $310K | +0.7% |
| 4 Bedrooms | $360K | $370K | +2.8% |
| 5+ Bedrooms | $439K | $423.5K | -3.5% |
Summary: 34748 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 3.5%.
Housing Supply in 34748, FL
How many homes are available in 34748, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 448 | 444 | -0.9% |
Summary: The 34748 real estate market had 444 homes for sale in November 2024, a 0.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 119 | 121 | +1.7% |
| 3 Bedrooms | 251 | 242 | -3.6% |
| 4 Bedrooms | 61 | 61 | 0.0% |
| 5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The 34748 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 1.7%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 46 | -36.1% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34748, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in 34748 in November 2024, down by 36.1% month-over-month. Of the 46 sold homes, 63% were sold under asking, 15% were sold at asking, and 22% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 85 Days | +71.4% |
Summary: Homes in 34748 had an average of 85 days on market in Nov 2024, up by 71.4% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
15 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 November 2024, 46 homes were sold in 34748; 43% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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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