Is 34950, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34950 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 34950 was a Seller's Market.

Key Takeaway

34950 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 34950, FL

How much do homes in 34950, FL cost?

Median Sold Price

$206,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,000(-6.8%)

Key Takeaway

Homes in 34950 have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in 34950 was $206,000 in December 2024, down 6.8% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $122.5K$112K
-8.6%
2 $211.9K$195K
-8.0%
3 $249.9K$221K
-11.6%
4 $210K$272.5K
+29.8%
5+ $550K$334.9K
-39.1%

Summary: 34950 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes decreased by 39.1%.

Median Sold Price Compared To Nearby Zip Codes

34982
+5.7%
34946
-0.7%
34947
-6.7%
34950
-6.8%
34949
-6.8%

Housing Supply in 34950, FL

How many homes are available in 34950, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7682+7.9%

Summary: The 34950 real estate market had 82 homes for sale in December 2024, a 7.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 810
+25.0%
2 3636
0.0%
3 2121
0.0%
4 811
+37.5%
5+ 34
+33.3%

Summary: The 34950 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
612+100.0%

Asking Price vs. Sold Price

8 Homes Were 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 34950, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 34950 in December 2024, up by 100.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.

Days on Market for 34950, FL

How long does it take to sell a home in 34950, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
13 Days78 Days+464.1%

Summary: Homes in 34950 had an average of 78 days on market in Dec 2024, up by 464.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34950 has remained consistent over time.

Summary: During December 2024, 12 homes were sold in 34950; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in 34950, FL

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