Is 34990, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34990 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 34990 was a Seller's Market.

Key Takeaway

34990 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34990, FL

How much do homes in 34990, FL cost?

Median Sold Price

$698,333

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$83,750(+13.6%)

Key Takeaway

Homes in 34990 have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in 34990 was $698,333 in October 2024, up 13.6% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $185K$158K
-14.6%
2 $362.5K$310K
-14.5%
3 $589K$597K
+1.4%
4 $915K$949K
+3.7%
5+ $1.0M$1.2M
+17.6%

Summary: 34990 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 14.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Zip Codes

34990
+13.6%
34997
+9.8%
34984
+7.5%
34953
+4.2%
34994
+1.7%

Housing Supply in 34990, FL

How many homes are available in 34990, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
238247+3.8%

Summary: The 34990 real estate market had 247 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 4855
+14.6%
3 110105
-4.5%
4 5356
+5.7%
5+ 2631
+19.2%

Summary: The 34990 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 14.6%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 19.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3624-33.3%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34990, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 34990 in October 2024, down by 33.3% month-over-month. Of the 24 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for 34990, FL

How long does it take to sell a home in 34990, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days62 Days+44.7%

Summary: Homes in 34990 had an average of 62 days on market in Oct 2024, up by 44.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34990 has remained consistent over time.

Summary: During October 2024, 24 homes were sold in 34990; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

Newest Listings in 34990, FL

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