Is 34602, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34602 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 34602 has remained a Seller's Market.

Key Takeaway

34602 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34602, FL

How much do homes in 34602, FL cost?

Median Sold Price

$290,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$34,000(-10.5%)

Key Takeaway

Homes in 34602 have sold for 10.5% less than they did a year ago.

Summary: The median home sold price in 34602 was $290,000 in April 2024, down 10.5% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $830K$32.5K
-96.1%
2 $215K$222K
+3.3%
3 $300K$293K
-2.3%
4 $395K$345K
-12.7%
5+ $426.9K$364.9K
-14.5%

Summary: 34602 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 96.1%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes decreased by 14.5%.

Median Sold Price Compared To Nearby Zip Codes

34601
+12.2%
33523
-5.4%
34602
-10.5%
33513
-13.8%

Housing Supply in 34602, FL

How many homes are available in 34602, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87870.0%

Summary: The 34602 real estate market had 87 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 1312
-7.7%
3 4843
-10.4%
4 1721
+23.5%
5+ 89
+12.5%

Summary: The 34602 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1517+13.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34602, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 34602 in April 2024, up by 13.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for 34602, FL

How long does it take to sell a home in 34602, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
49 Days77 Days+56.7%

Summary: Homes in 34602 had an average of 77 days on market in Apr 2024, up by 56.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34602 has remained consistent over time.

Summary: During April 2024, 17 homes were sold in 34602; 35% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 24% 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

Newest Listings in 34602, FL

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