Is 34142, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34142 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 34142 was a Neutral Market.

Key Takeaway

34142 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34142, FL

How much do homes in 34142, FL cost?

Median Sold Price

$420,000

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$35,100(+9.1%)

Key Takeaway

Homes in 34142 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 34142 was $420,000 in March 2024, up 9.1% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $475K$375K
-21.1%
3 $335K$421.2K
+25.8%
4 $400K$417.4K
+4.4%
5+ $384.9K$525K
+36.4%

Summary: 34142 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 25.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 36.4%.

Median Sold Price Compared To Nearby Zip Codes

33440
+16.0%
34117
+10.1%
34142
+9.1%
34120
+5.3%

Housing Supply in 34142, FL

How many homes are available in 34142, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
176195+10.8%

Summary: The 34142 real estate market had 195 homes for sale in March 2024, a 10.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 4753
+12.8%
3 7994
+19.0%
4 3132
+3.2%
5+ 1916
-15.8%

Summary: The 34142 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 15.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23230.0%

Asking Price vs. Sold Price

17 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 34142, you may be able to get a good deal. 73.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 34142 in March 2024, the same as the previous month. Of the 23 sold homes, 74% were sold under asking, 26% were sold at asking, and 0% were sold over asking.

Days on Market for 34142, FL

How long does it take to sell a home in 34142, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
55 Days69 Days+26.0%

Summary: Homes in 34142 had an average of 69 days on market in Mar 2024, up by 26% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 34142 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 23 homes were sold in 34142; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 39% 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 34142, FL

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