Is 34420, 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, 34420 was a Seller's Market.
Key Takeaway
34420 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 34420, FL
How much do homes in 34420, FL cost?
Median Sold Price
$256,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 34420 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 34420 was $256,000 in April 2024, up 6.7% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | - | N/A |
| 2 Bedrooms | $171K | $165K | -3.5% |
| 3 Bedrooms | $239.9K | $250K | +4.2% |
| 4 Bedrooms | $306.9K | $295K | -3.9% |
| 5+ Bedrooms | $352.9K | $334.9K | -5.1% |
Summary: 34420 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 3.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 5.1%.
Housing Supply in 34420, FL
How many homes are available in 34420, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 196 | 193 | -1.5% |
Summary: The 34420 real estate market had 193 homes for sale in April 2024, a 1.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 25 | 25 | 0.0% |
| 3 Bedrooms | 109 | 102 | -6.4% |
| 4 Bedrooms | 54 | 54 | 0.0% |
| 5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The 34420 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 decreased by 6.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 32 | +14.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 34420, you may be able to get a good deal. 65.6% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 34420 in April 2024, up by 14.3% month-over-month. Of the 32 sold homes, 66% were sold under asking, 31% were sold at asking, and 3% were sold over asking.
Days on Market for 34420, FL
How long does it take to sell a home in 34420, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 60 Days | 116 Days | +94.0% |
Summary: Homes in 34420 had an average of 116 days on market in Apr 2024, up by 94% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34420 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 32 homes were sold in 34420; 41% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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