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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34950 is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

34950 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34950, FL

How much do homes in 34950, FL cost?

Median Sold Price

$205,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-4.7%)

Key Takeaway

Homes in 34950 have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in 34950 was $205,000 in October 2024, down 4.7% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $128.5K$129K
0.4%
2 $197.9K$198.7K
0.4%
3 $252.5K$219K
-13.3%
4 $310K$210K
-32.3%
5+ $550K$334.9K
-39.1%

Summary: 34950 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 32.3%, and 5+ bedroom homes decreased by 39.1%.

Median Sold Price Compared To Nearby Zip Codes

34982
+5.2%
34946
-1.4%
34950
-4.7%
34949
-8.2%
34947
-11.9%

Housing Supply in 34950, FL

How many homes are available in 34950, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
79790.0%

Summary: The 34950 real estate market had 79 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 57
+40.0%
2 4037
-7.5%
3 2627
+3.8%
4 66
0.0%
5+ 22
0.0%

Summary: The 34950 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 34950 in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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

Oct 2023Oct 2024CHANGE
43 Days97 Days+121.9%

Summary: Homes in 34950 had an average of 97 days on market in Oct 2024, up by 121.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34950 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 34950; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 13 Days Ago

Newest Listings in 34950, FL

Nearby Markets to 34950, FL