Is 34797, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34797 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 34797 was a Buyer's Market.

Key Takeaway

34797 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34797, FL

How much do homes in 34797, FL cost?

Median Sold Price

$355,500

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$56,000(+18.7%)

Key Takeaway

Homes in 34797 have sold for 18.7% more than they did a year ago.

Summary: The median home sold price in 34797 was $355,500 in November 2024, up 18.7% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $263.7K$252.7K
-4.2%
3 $299K$351.4K
+17.5%
4 $611.5K$635K
+3.8%
5+ --
N/A

Summary: 34797 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

34797
+18.7%
34748
0.2%
32778
-0.9%
34737
-23.2%

Housing Supply in 34797, FL

How many homes are available in 34797, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
78+14.3%

Summary: The 34797 real estate market had 8 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 23
+50.0%
5+ 12
+100.0%

Summary: The 34797 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34797, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 34797 in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 34797, FL

How long does it take to sell a home in 34797, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days32 Days+16.1%

Summary: Homes in 34797 had an average of 32 days on market in Nov 2024, up by 16.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34797 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 34797; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 34797, FL

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