Is 34488, 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, 34488 was a Seller's Market.
Key Takeaway
34488 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 34488, FL
How much do homes in 34488, FL cost?
Median Sold Price
$165,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34488 have sold for 35.5% less than they did a year ago.
Summary: The median home sold price in 34488 was $165,000 in March 2024, down 35.5% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.2K | $90K | -39.7% |
| 2 Bedrooms | $175K | $92.9K | -46.9% |
| 3 Bedrooms | $246.7K | $185K | -25.0% |
| 4 Bedrooms | $356.9K | $331.6K | -7.1% |
| 5+ Bedrooms | $538.9K | $420K | -22.1% |
Summary: 34488 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.7%, 2 bedroom homes decreased by 46.9%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 22.1%.
Housing Supply in 34488, FL
How many homes are available in 34488, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 80 | 84 | +5.0% |
Summary: The 34488 real estate market had 84 homes for sale in March 2024, a 5.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 36 | 37 | +2.8% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 34488 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 9.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34488, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 34488 in March 2024, down by 7.7% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 34488, FL
How long does it take to sell a home in 34488, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 41 Days | -34.4% |
Summary: Homes in 34488 had an average of 41 days on market in Mar 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34488 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in 34488; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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