Is 34788, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34788 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 34788 has remained a Seller's Market.

Key Takeaway

34788 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34788, FL

How much do homes in 34788, FL cost?

Median Sold Price

$310,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,755(+1.9%)

Key Takeaway

Homes in 34788 have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in 34788 was $310,000 in October 2024, up 1.9% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $72K-
N/A
2 $215K$197.5K
-8.1%
3 $300K$314.9K
+5.0%
4 $364.1K$356K
-2.2%
5+ $389K$376.9K
-3.1%

Summary: 34788 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

32159
+4.8%
32735
+2.8%
34788
+1.9%
32726
+0.8%
32778
-0.2%

Housing Supply in 34788, FL

How many homes are available in 34788, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
129115-10.9%

Summary: The 34788 real estate market had 115 homes for sale in October 2024, a 10.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2724
-11.1%
3 6864
-5.9%
4 2419
-20.8%
5+ 108
-20.0%

Summary: The 34788 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 11.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2425+4.2%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34788, you may be able to get a good deal. 64% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 34788 in October 2024, up by 4.2% month-over-month. Of the 25 sold homes, 64% were sold under asking, 28% were sold at asking, and 8% were sold over asking.

Days on Market for 34788, FL

How long does it take to sell a home in 34788, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days46 Days+110.3%

Summary: Homes in 34788 had an average of 46 days on market in Oct 2024, up by 110.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34788 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 25 homes were sold in 34788; 44% of homes were sold within 30 days, 44% 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 15 Days Ago

Newest Listings in 34788, FL

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