Is 34432, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34432 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 34432 was a Seller's Market.

Key Takeaway

34432 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34432, FL

How much do homes in 34432, FL cost?

Median Sold Price

$267,500

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$22,400(-7.7%)

Key Takeaway

Homes in 34432 have sold for 7.7% less than they did a year ago.

Summary: The median home sold price in 34432 was $267,500 in March 2024, down 7.7% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$196.5K
N/A
2 $240.5K$248K
+3.1%
3 $299.4K$265K
-11.5%
4 $416.2K$334.9K
-19.5%
5+ $663K$467.5K
-29.5%

Summary: 34432 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes decreased by 29.5%.

Median Sold Price Compared To Nearby Zip Codes

34481
+4.5%
34434
0.0%
34432
-7.7%
34431
-7.7%
34442
-13.8%

Housing Supply in 34432, FL

How many homes are available in 34432, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
222220-0.9%

Summary: The 34432 real estate market had 220 homes for sale in March 2024, a 0.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 2726
-3.7%
3 142145
+2.1%
4 4441
-6.8%
5+ 77
0.0%

Summary: The 34432 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3929-25.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34432, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 34432 in March 2024, down by 25.6% month-over-month. Of the 29 sold homes, 48% were sold under asking, 38% were sold at asking, and 14% were sold over asking.

Days on Market for 34432, FL

How long does it take to sell a home in 34432, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
55 Days75 Days+34.6%

Summary: Homes in 34432 had an average of 75 days on market in Mar 2024, up by 34.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34432 has remained consistent over time.

Summary: During March 2024, 29 homes were sold in 34432; 31% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 28% 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 28 Days Ago

Newest Listings in 34432, FL

Nearby Markets to 34432, FL