Is 34983, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34983 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34983 was a Seller's Market.

Key Takeaway

34983 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34983, FL

How much do homes in 34983, FL cost?

Median Sold Price

$370,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+2.8%)

Key Takeaway

Homes in 34983 have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in 34983 was $370,000 in October 2024, up 2.8% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $285K$300K
+5.3%
3 $349.9K$366.9K
+4.8%
4 $401.7K$422.5K
+5.2%
5+ $455K$481K
+5.7%

Summary: 34983 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

34984
+7.5%
34982
+5.2%
34986
+3.6%
34983
+2.8%
34952
+2.8%

Housing Supply in 34983, FL

How many homes are available in 34983, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
324313-3.4%

Summary: The 34983 real estate market had 313 homes for sale in October 2024, a 3.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 4041
+2.5%
3 173167
-3.5%
4 106100
-5.7%
5+ 55
0.0%

Summary: The 34983 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6932-53.6%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34983, you may be able to get a good deal. 59.4% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 34983 in October 2024, down by 53.6% month-over-month. Of the 32 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.

Days on Market for 34983, FL

How long does it take to sell a home in 34983, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days51 Days+105.3%

Summary: Homes in 34983 had an average of 51 days on market in Oct 2024, up by 105.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34983 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 32 homes were sold in 34983; 66% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 16% 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 12 Days Ago

Newest Listings in 34983, FL

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