Is 34212, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34212 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 34212 has remained a Seller's Market.

Key Takeaway

34212 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34212, FL

How much do homes in 34212, FL cost?

Median Sold Price

$540,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,041(+1.9%)

Key Takeaway

Homes in 34212 have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in 34212 was $540,000 in March 2024, up 1.9% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $350K$345K
-1.4%
3 $520K$540K
+3.8%
4 $700K$650K
-7.1%
5+ $700K$737.5K
+5.4%

Summary: 34212 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 1.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Zip Codes

34211
+2.5%
34212
+1.9%
34251
+1.8%
34219
-3.5%
34208
-6.3%

Housing Supply in 34212, FL

How many homes are available in 34212, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
303315+4.0%

Summary: The 34212 real estate market had 315 homes for sale in March 2024, a 4.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 6362
-1.6%
3 122130
+6.6%
4 98103
+5.1%
5+ 2020
0.0%

Summary: The 34212 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 decreased by 1.6%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3554+54.3%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34212, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in 34212 in March 2024, up by 54.3% month-over-month. Of the 54 sold homes, 72% were sold under asking, 24% were sold at asking, and 4% were sold over asking.

Days on Market for 34212, FL

How long does it take to sell a home in 34212, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
57 Days70 Days+22.6%

Summary: Homes in 34212 had an average of 70 days on market in Mar 2024, up by 22.6% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34212 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 54 homes were sold in 34212; 39% of homes were sold within 30 days, 30% 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 24 Days Ago

Newest Listings in 34212, FL

Nearby Markets to 34212, FL