Is 34481, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 34481 was a Seller's Market.
Key Takeaway
34481 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 34481, FL
How much do homes in 34481, FL cost?
Median Sold Price
$269,835
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34481 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 34481 was $269,835 in March 2024, up 4.5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $485K | $80K | -83.5% |
| 2 Bedrooms | $220K | $219.9K | 0% |
| 3 Bedrooms | $305.6K | $314.2K | +2.8% |
| 4 Bedrooms | $377.2K | $334.9K | -11.2% |
| 5+ Bedrooms | $471K | $379.9K | -19.3% |
Summary: 34481 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 83.5%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes decreased by 19.3%.
Housing Supply in 34481, FL
How many homes are available in 34481, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 637 | 681 | +6.9% |
Summary: The 34481 real estate market had 681 homes for sale in March 2024, a 6.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 318 | 340 | +6.9% |
| 3 Bedrooms | 276 | 289 | +4.7% |
| 4 Bedrooms | 37 | 44 | +18.9% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 34481 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 | 103 | +49.3% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34481, you may be able to get a good deal. 66% of homes here sold below asking price last month.
Summary: A total of 103 homes were sold or pending in 34481 in March 2024, up by 49.3% month-over-month. Of the 103 sold homes, 66% were sold under asking, 23% were sold at asking, and 11% were sold over asking.
Days on Market for 34481, FL
How long does it take to sell a home in 34481, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 62 Days | +35.2% |
Summary: Homes in 34481 had an average of 62 days on market in Mar 2024, up by 35.2% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34481 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 103 homes were sold in 34481; 43% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.