Is 34275, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34275 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 34275 was a Seller's Market.

Key Takeaway

34275 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 34275, FL

How much do homes in 34275, FL cost?

Median Sold Price

$569,016

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$30,950(-5.2%)

Key Takeaway

Homes in 34275 have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in 34275 was $569,016 in March 2024, down 5.2% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $171K$141K
-17.5%
2 $451.4K$454.4K
+0.7%
3 $627.4K$599.9K
-4.4%
4 $719.9K$671.6K
-6.7%
5+ $1.1M$950K
-19.8%

Summary: 34275 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.5%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 19.8%.

Median Sold Price Compared To Nearby Zip Codes

34229
+5.8%
34292
-1.1%
34238
-1.5%
34285
-4.2%
34275
-5.2%

Housing Supply in 34275, FL

How many homes are available in 34275, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
438476+8.7%

Summary: The 34275 real estate market had 476 homes for sale in March 2024, a 8.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1213
+8.3%
2 126129
+2.4%
3 231260
+12.6%
4 5761
+7.0%
5+ 1213
+8.3%

Summary: The 34275 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4172+75.6%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34275, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 72 homes were sold or pending in 34275 in March 2024, up by 75.6% month-over-month. Of the 72 sold homes, 67% were sold under asking, 32% were sold at asking, and 1% were sold over asking.

Days on Market for 34275, FL

How long does it take to sell a home in 34275, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
30 Days48 Days+60.4%

Summary: Homes in 34275 had an average of 48 days on market in Mar 2024, up by 60.4% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34275 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 72 homes were sold in 34275; 56% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 21% 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 25 Days Ago

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