Is 34211, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34211 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 34211 was a Seller's Market.

Key Takeaway

34211 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 34211, FL

How much do homes in 34211, FL cost?

Median Sold Price

$603,181

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,780(+2.5%)

Key Takeaway

Homes in 34211 have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in 34211 was $603,181 in March 2024, up 2.5% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$1.9M
N/A
2 $479.8K$486.3K
+1.3%
3 $615.5K$592.5K
-3.7%
4 $689.6K$652.4K
-5.4%
5+ $881K$800.6K
-9.1%

Summary: 34211 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 1.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 9.1%.

Median Sold Price Compared To Nearby Zip Codes

34202
+3.1%
34211
+2.5%
34212
+1.9%
34203
-4.3%
34208
-6.3%

Housing Supply in 34211, FL

How many homes are available in 34211, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
505523+3.6%

Summary: The 34211 real estate market had 523 homes for sale in March 2024, a 3.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 121126
+4.1%
3 232246
+6.0%
4 119119
0.0%
5+ 3332
-3.0%

Summary: The 34211 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 4.1%, 3 bedroom homes increased by 6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7476+2.7%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34211, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.

Summary: A total of 76 homes were sold or pending in 34211 in March 2024, up by 2.7% month-over-month. Of the 76 sold homes, 62% were sold under asking, 33% were sold at asking, and 5% were sold over asking.

Days on Market for 34211, FL

How long does it take to sell a home in 34211, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
63 Days51 Days-18.0%

Summary: Homes in 34211 had an average of 51 days on market in Mar 2024, down by 18% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34211 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 76 homes were sold in 34211; 46% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 17% 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 15 Days Ago

Newest Listings in 34211, FL

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