Is 34236, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34236 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 34236 was a Seller's Market.

Key Takeaway

34236 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34236, FL

How much do homes in 34236, FL cost?

Median Sold Price

$1,234,661

$720/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$437,161(+54.8%)

Key Takeaway

Homes in 34236 have sold for 54.8% more than they did a year ago.

Summary: The median home sold price in 34236 was $1,234,661 in March 2024, up 54.8% from last year, and the median price per square foot was $720.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $386.2K$505K
+30.8%
2 $817.5K$1.1M
+36.1%
3 $1.8M$2.1M
+13.3%
4 $2.9M$3.2M
+10.3%
5+ $4.4M$5.1M
+17.6%

Summary: 34236 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 36.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Zip Codes

34236
+54.8%
34237
+3.3%
34242
-1.0%
34239
-1.4%
34234
-17.8%

Housing Supply in 34236, FL

How many homes are available in 34236, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
464460-0.9%

Summary: The 34236 real estate market had 460 homes for sale in March 2024, a 0.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 4847
-2.1%
2 188199
+5.9%
3 163144
-11.7%
4 4849
+2.1%
5+ 1721
+23.5%

Summary: The 34236 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2948+65.5%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34236, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in 34236 in March 2024, up by 65.5% month-over-month. Of the 48 sold homes, 83% were sold under asking, 13% were sold at asking, and 4% were sold over asking.

Days on Market for 34236, FL

How long does it take to sell a home in 34236, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
45 Days73 Days+61.4%

Summary: Homes in 34236 had an average of 73 days on market in Mar 2024, up by 61.4% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34236 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 48 homes were sold in 34236; 38% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 27% 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 26 Days Ago

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