Is 34223, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 34223 was a Seller's Market.
Key Takeaway
34223 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34223, FL
How much do homes in 34223, FL cost?
Median Sold Price
$413,250
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 34223 have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in 34223 was $413,250 in April 2024, down 3.9% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $225K | -6.3% |
| 2 Bedrooms | $371.2K | $346.2K | -6.7% |
| 3 Bedrooms | $579K | $560K | -3.3% |
| 4 Bedrooms | $912.5K | $950K | +4.1% |
| 5+ Bedrooms | $1.2M | $1.4M | +20.8% |
Summary: 34223 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 20.8%.
Housing Supply in 34223, FL
How many homes are available in 34223, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 551 | 556 | +0.9% |
Summary: The 34223 real estate market had 556 homes for sale in April 2024, a 0.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 27 | 25 | -7.4% |
| 2 Bedrooms | 315 | 306 | -2.9% |
| 3 Bedrooms | 158 | 171 | +8.2% |
| 4 Bedrooms | 34 | 37 | +8.8% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The 34223 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.4%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 75 | +27.1% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34223, you may be able to get a good deal. 90.7% of homes here sold below asking price last month.
Summary: A total of 75 homes were sold or pending in 34223 in April 2024, up by 27.1% month-over-month. Of the 75 sold homes, 91% were sold under asking, 5% were sold at asking, and 4% were sold over asking.
Days on Market for 34223, FL
How long does it take to sell a home in 34223, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 87 Days | +229.8% |
Summary: Homes in 34223 had an average of 87 days on market in Apr 2024, up by 229.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34223 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 75 homes were sold in 34223; 28% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.
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