Is 34242, 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, 34242 was a Neutral Market.
Housing Prices in 34242, FL
How much do homes in 34242, FL cost?
Median Sold Price
$1,003,571
$711/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 34242 was $1,003,571 in April 2024, up 5.6% from last year, and the median price per square foot was $711.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $495.5K | $540K | +9.0% |
2 Bedrooms | $795K | $811.7K | +2.1% |
3 Bedrooms | $1.4M | $1.6M | +10.2% |
4 Bedrooms | $2.3M | $2.4M | +6.6% |
5+ Bedrooms | $2.9M | $4.7M | +63.9% |
Summary: 34242 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 63.9%.
Housing Supply in 34242, FL
How many homes are available in 34242, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
473 | 448 | -5.3% |
Summary: The 34242 real estate market had 448 homes for sale in April 2024, a 5.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 31 | 38 | +22.6% |
2 Bedrooms | 195 | 189 | -3.1% |
3 Bedrooms | 114 | 98 | -14.0% |
4 Bedrooms | 80 | 79 | -1.3% |
5+ Bedrooms | 53 | 44 | -17.0% |
Summary: The 34242 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.6%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 17%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 61 | -15.3% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in 34242 in April 2024, down by 15.3% month-over-month. Of the 61 sold homes, 79% were sold under asking, 15% were sold at asking, and 7% were sold over asking.
Days on Market for 34242, FL
How long does it take to sell a home in 34242, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 57 Days | +33.0% |
Summary: Homes in 34242 had an average of 57 days on market in Apr 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 61 homes were sold in 34242; 48% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.