Is 34203, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 34203 has remained a Seller's Market.
Key Takeaway
34203 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34203, FL
How much do homes in 34203, FL cost?
Median Sold Price
$407,225
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34203 have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in 34203 was $407,225 in March 2024, down 4.3% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $81K | N/A |
| 2 Bedrooms | $331.5K | $333.4K | +0.6% |
| 3 Bedrooms | $460K | $427.9K | -7.0% |
| 4 Bedrooms | $529.4K | $566.7K | +7.1% |
| 5+ Bedrooms | $562.5K | $391.5K | -30.4% |
Summary: 34203 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 increased by 0.6%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 30.4%.
Housing Supply in 34203, FL
How many homes are available in 34203, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 274 | 314 | +14.6% |
Summary: The 34203 real estate market had 314 homes for sale in March 2024, a 14.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 130 | 146 | +12.3% |
| 3 Bedrooms | 100 | 113 | +13.0% |
| 4 Bedrooms | 31 | 40 | +29.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 34203 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 57 | +58.3% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34203, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in 34203 in March 2024, up by 58.3% month-over-month. Of the 57 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% were sold over asking.
Days on Market for 34203, FL
How long does it take to sell a home in 34203, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 57 Days | +66.2% |
Summary: Homes in 34203 had an average of 57 days on market in Mar 2024, up by 66.2% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34203 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 57 homes were sold in 34203; 49% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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