Is 34285, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34285 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 34285 was a Seller's Market.

Key Takeaway

34285 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 34285, FL

How much do homes in 34285, FL cost?

Median Sold Price

$401,400

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$17,600(-4.2%)

Key Takeaway

Homes in 34285 have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in 34285 was $401,400 in March 2024, down 4.2% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $312K$232K
-25.6%
2 $356.6K$340.9K
-4.4%
3 $651K$592.5K
-9.0%
4 $1.2M$847.5K
-29.4%
5+ $1.8M$1.1M
-38.3%

Summary: 34285 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.6%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 29.4%, and 5+ bedroom homes decreased by 38.3%.

Median Sold Price Compared To Nearby Zip Codes

34293
+1.6%
34292
-1.1%
34285
-4.2%
34275
-5.2%

Housing Supply in 34285, FL

How many homes are available in 34285, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
410434+5.9%

Summary: The 34285 real estate market had 434 homes for sale in March 2024, a 5.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 3137
+19.4%
2 275294
+6.9%
3 9191
0.0%
4 78
+14.3%
5+ 64
-33.3%

Summary: The 34285 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 6.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4362+44.2%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34285, you may be able to get a good deal. 77.4% of homes here sold below asking price last month.

Summary: A total of 62 homes were sold or pending in 34285 in March 2024, up by 44.2% month-over-month. Of the 62 sold homes, 77% were sold under asking, 16% were sold at asking, and 6% were sold over asking.

Days on Market for 34285, FL

How long does it take to sell a home in 34285, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
38 Days50 Days+30.3%

Summary: Homes in 34285 had an average of 50 days on market in Mar 2024, up by 30.3% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34285 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 62 homes were sold in 34285; 58% of homes were sold within 30 days, 21% 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 30 Days Ago

Newest Listings in 34285, FL

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