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 November 2023

At the same time last year, 34990 was a Neutral 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

$691,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$56,000(+8.8%)

Key Takeaway

Homes in 34990 have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in 34990 was $691,000 in November 2024, up 8.8% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $185K$158K
-14.6%
2 $365K$305K
-16.4%
3 $600K$577K
-3.8%
4 $915K$975K
+6.6%
5+ $1.0M$1.2M
+10.5%

Summary: 34990 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 16.4%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Zip Codes

34997
+9.7%
34990
+8.8%
34984
+7.8%
34953
+4.2%
34994
-0.9%

Housing Supply in 34990, FL

How many homes are available in 34990, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
234239+2.1%

Summary: The 34990 real estate market had 239 homes for sale in November 2024, a 2.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 5363
+18.9%
3 99101
+2.0%
4 5146
-9.8%
5+ 3129
-6.5%

Summary: The 34990 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 6.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2919-34.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 89.5% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 34990 in November 2024, down by 34.5% month-over-month. Of the 19 sold homes, 89% were sold under asking, 5% were sold at asking, and 5% 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

Nov 2023Nov 2024CHANGE
49 Days66 Days+32.8%

Summary: Homes in 34990 had an average of 66 days on market in Nov 2024, up by 32.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34990 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 19 homes were sold in 34990; 37% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 37% 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 17 Days Ago

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