Is 34134, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34134 is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, 34134 has remained a Buyer's Market.

Key Takeaway

34134 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34134, FL

How much do homes in 34134, FL cost?

Median Sold Price

$815,000

$471/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$275,000(+50.9%)

Key Takeaway

Homes in 34134 have sold for 50.9% more than they did a year ago.

Summary: The median home sold price in 34134 was $815,000 in February 2024, up 50.9% from last year, and the median price per square foot was $471.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $339K$391.2K
+15.4%
2 $415K$553.4K
+33.4%
3 $665.5K$900K
+35.2%
4 $795K$1.6M
+106.0%
5+ $3.3M$3.4M
+1.8%

Summary: 34134 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 33.4%, 3 bedroom homes increased by 35.2%, 4 bedroom homes increased by 106%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Zip Codes

34134
+50.9%
33928
+16.8%
34135
+12.5%
33931
-2.8%

Housing Supply in 34134, FL

How many homes are available in 34134, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
522592+13.4%

Summary: The 34134 real estate market had 592 homes for sale in February 2024, a 13.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 2122
+4.8%
2 121143
+18.2%
3 264302
+14.4%
4 8995
+6.7%
5+ 2730
+11.1%

Summary: The 34134 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
3435+2.9%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34134, you may be able to get a good deal. 82.9% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 34134 in February 2024, up by 2.9% month-over-month. Of the 35 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 34134, FL

How long does it take to sell a home in 34134, FL?

Average Sale Time

Feb 2023Feb 2024CHANGE
17 Days97 Days+450.0%

Summary: Homes in 34134 had an average of 97 days on market in Feb 2024, up by 450% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34134 has remained consistent over time.

Summary: During February 2024, 35 homes were sold in 34134; 26% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 29% 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 27 Days Ago

Newest Listings in 34134, FL

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