Is 33434, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33434 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 33434 was a Seller's Market.

Key Takeaway

33434 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33434, FL

How much do homes in 33434, FL cost?

Median Sold Price

$281,866

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$61,866(+28.1%)

Key Takeaway

Homes in 33434 have sold for 28.1% more than they did a year ago.

Summary: The median home sold price in 33434 was $281,866 in April 2024, up 28.1% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $120K$121K
+0.8%
2 $187K$219K
+17.1%
3 $644.5K$694.1K
+7.7%
4 $1.0M$1.1M
+7.9%
5+ $1.5M$1.7M
+14.4%

Summary: 33434 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 14.4%.

Median Sold Price Compared To Nearby Zip Codes

33496
+28.5%
33434
+28.1%
33433
+6.8%
33428
+3.2%
33498
-3.3%

Housing Supply in 33434, FL

How many homes are available in 33434, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
428431+0.7%

Summary: The 33434 real estate market had 431 homes for sale in April 2024, a 0.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 8386
+3.6%
2 255256
0.4%
3 5154
+5.9%
4 2925
-13.8%
5+ 1010
0.0%

Summary: The 33434 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4755+17.0%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33434, you may be able to get a good deal. 87.3% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in 33434 in April 2024, up by 17.0% month-over-month. Of the 55 sold homes, 87% were sold under asking, 9% were sold at asking, and 4% were sold over asking.

Days on Market for 33434, FL

How long does it take to sell a home in 33434, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
48 Days81 Days+68.3%

Summary: Homes in 33434 had an average of 81 days on market in Apr 2024, up by 68.3% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33434 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 55 homes were sold in 33434; 36% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 31% 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 1 Day Ago

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