Is 34238, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 34238 was a Seller's Market.
Housing Prices in 34238, FL
How much do homes in 34238, FL cost?
Median Sold Price
$548,995
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 34238 was $548,995 in March 2024, down 1.5% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $211.8K | -1.5% |
2 Bedrooms | $404.5K | $416.5K | +3.0% |
3 Bedrooms | $646.8K | $631K | -2.4% |
4 Bedrooms | $740K | $865K | +16.9% |
5+ Bedrooms | $880.9K | $805K | -8.6% |
Summary: 34238 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 8.6%.
Housing Supply in 34238, FL
How many homes are available in 34238, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
379 | 391 | +3.2% |
Summary: The 34238 real estate market had 391 homes for sale in March 2024, a 3.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 152 | 168 | +10.5% |
3 Bedrooms | 168 | 162 | -3.6% |
4 Bedrooms | 42 | 42 | 0.0% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 34238 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 51 | -3.8% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in 34238 in March 2024, down by 3.8% month-over-month. Of the 51 sold homes, 76% were sold under asking, 14% were sold at asking, and 10% were sold over asking.
Days on Market for 34238, FL
How long does it take to sell a home in 34238, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 58 Days | +35.9% |
Summary: Homes in 34238 had an average of 58 days on market in Mar 2024, up by 35.9% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During March 2024, 51 homes were sold in 34238; 39% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.