Is 34221, 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, 34221 has remained a Seller's Market.
Housing Prices in 34221, FL
How much do homes in 34221, FL cost?
Median Sold Price
$404,045
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 34221 was $404,045 in March 2024, down 0.2% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $82.7K | -68.8% |
2 Bedrooms | $305.5K | $328.2K | +7.4% |
3 Bedrooms | $386.8K | $379.9K | -1.8% |
4 Bedrooms | $472.5K | $428.5K | -9.3% |
5+ Bedrooms | $565K | $432.5K | -23.4% |
Summary: 34221 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.8%, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 23.4%.
Housing Supply in 34221, FL
How many homes are available in 34221, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
564 | 599 | +6.2% |
Summary: The 34221 real estate market had 599 homes for sale in March 2024, a 6.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 10 | +42.9% |
2 Bedrooms | 142 | 157 | +10.6% |
3 Bedrooms | 241 | 254 | +5.4% |
4 Bedrooms | 139 | 146 | +5.0% |
5+ Bedrooms | 35 | 32 | -8.6% |
Summary: The 34221 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 8.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 105 | +59.1% |
Asking Price vs. Sold Price
70 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 105 homes were sold or pending in 34221 in March 2024, up by 59.1% month-over-month. Of the 105 sold homes, 67% were sold under asking, 27% were sold at asking, and 7% were sold over asking.
Days on Market for 34221, FL
How long does it take to sell a home in 34221, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 60 Days | +10.2% |
Summary: Homes in 34221 had an average of 60 days on market in Mar 2024, up by 10.2% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During March 2024, 105 homes were sold in 34221; 40% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.