$4,453 Closing Credit*
$375,000
1,814 SqFt
4 Beds
•2 Full Baths
Rashad McCarthy, Listing Office: Horizon Real Estate Solutions LLC
Is 34951, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 34951 has remained a Buyer's Market.
Key Takeaway
34951 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34951, FL
How much do homes in 34951, FL cost?
Median Sold Price
$315,745
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,745(+3.5%)
Key Takeaway
Homes in 34951 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 34951 was $315,745 in November 2024, up 3.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $134K | -7.6% |
| 2 Bedrooms | $215K | $189K | -12.1% |
| 3 Bedrooms | $315K | $323.4K | +2.7% |
| 4 Bedrooms | $365.9K | $394.9K | +7.9% |
| 5+ Bedrooms | $417K | $409.5K | -1.8% |
Summary: 34951 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in 34951, FL
How many homes are available in 34951, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 245 | 261 | +6.5% |
Summary: The 34951 real estate market had 261 homes for sale in November 2024, a 6.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 48 | 54 | +12.5% |
| 3 Bedrooms | 119 | 130 | +9.2% |
| 4 Bedrooms | 63 | 63 | 0.0% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 34951 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 34951, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 34951 in November 2024, down by 4.3% month-over-month. Of the 22 sold homes, 73% were sold under asking, 23% were sold at asking, and 5% were sold over asking.
Days on Market for 34951, FL
How long does it take to sell a home in 34951, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 112 Days | +58.9% |
Summary: Homes in 34951 had an average of 112 days on market in Nov 2024, up by 58.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34951 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 22 homes were sold in 34951; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.