Is 34292, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34292 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 34292 has remained a Seller's Market.

Key Takeaway

34292 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34292, FL

How much do homes in 34292, FL cost?

Median Sold Price

$453,117

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$13,049(-2.8%)

Key Takeaway

Homes in 34292 have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in 34292 was $453,117 in April 2024, down 2.8% from last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $180K$220K
+22.2%
2 $389.4K$380K
-2.4%
3 $550K$549.5K
-0.1%
4 $650K$615K
-5.4%
5+ $807.5K$747.5K
-7.4%

Summary: 34292 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 7.4%.

Median Sold Price Compared To Nearby Zip Codes

34293
+1.4%
34285
-0.1%
34292
-2.8%
34275
-4.8%
34291
-8.4%

Housing Supply in 34292, FL

How many homes are available in 34292, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
346308-11.0%

Summary: The 34292 real estate market had 308 homes for sale in April 2024, a 11.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 152142
-6.6%
3 141121
-14.2%
4 4840
-16.7%
5+ 44
0.0%

Summary: The 34292 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 decreased by 6.6%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7263-12.5%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34292, you may be able to get a good deal. 84.1% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in 34292 in April 2024, down by 12.5% month-over-month. Of the 63 sold homes, 84% were sold under asking, 13% were sold at asking, and 3% were sold over asking.

Days on Market for 34292, FL

How long does it take to sell a home in 34292, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days73 Days+142.7%

Summary: Homes in 34292 had an average of 73 days on market in Apr 2024, up by 142.7% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34292 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 63 homes were sold in 34292; 38% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 25% 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

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