Is 34289, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34289 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 34289 has remained a Seller's Market.

Key Takeaway

34289 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34289, FL

How much do homes in 34289, FL cost?

Median Sold Price

$413,620

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$21,860(-5.0%)

Key Takeaway

Homes in 34289 have sold for 5% less than they did a year ago.

Summary: The median home sold price in 34289 was $413,620 in April 2024, down 5% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $418.5K$375K
-10.4%
3 $421K$430.2K
+2.2%
4 $556.5K$505.9K
-9.1%
5+ $566.9K$567.5K
0.1%

Summary: 34289 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 0.1%.

Median Sold Price Compared To Nearby Zip Codes

34286
-2.7%
34289
-5.0%
34288
-7.7%

Housing Supply in 34289, FL

How many homes are available in 34289, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8083+3.8%

Summary: The 34289 real estate market had 83 homes for sale in April 2024, a 3.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 4141
0.0%
3 3232
0.0%
4 46
+50.0%
5+ 34
+33.3%

Summary: The 34289 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
615+150.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34289, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 34289 in April 2024, up by 150.0% month-over-month. Of the 15 sold homes, 80% were sold under asking, 13% were sold at asking, and 7% were sold over asking.

Days on Market for 34289, FL

How long does it take to sell a home in 34289, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days84 Days+185.4%

Summary: Homes in 34289 had an average of 84 days on market in Apr 2024, up by 185.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34289 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in 34289; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 1 Day Ago

Newest Listings in 34289, FL

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