Is 34947, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34947 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 34947 was a Seller's Market.

Key Takeaway

34947 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34947, FL

How much do homes in 34947, FL cost?

Median Sold Price

$312,675

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$22,325(-6.7%)

Key Takeaway

Homes in 34947 have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in 34947 was $312,675 in December 2024, down 6.7% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $217.5K$135K
-37.9%
3 $335.7K$312.6K
-6.9%
4 $355K$329.1K
-7.3%
5+ $414.9K$403.9K
-2.6%

Summary: 34947 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.9%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Zip Codes

34951
+5.5%
34981
+5.3%
34946
-0.7%
34947
-6.7%
34950
-6.8%

Housing Supply in 34947, FL

How many homes are available in 34947, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4851+6.3%

Summary: The 34947 real estate market had 51 homes for sale in December 2024, a 6.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2121
0.0%
4 1518
+20.0%
5+ 77
0.0%

Summary: The 34947 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34947, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 34947 in December 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for 34947, FL

How long does it take to sell a home in 34947, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
39 Days42 Days+7.8%

Summary: Homes in 34947 had an average of 42 days on market in Dec 2024, up by 7.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34947 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 34947; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

Newest Listings in 34947, FL

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