Is 34638, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 34638 has remained a Seller's Market.
Key Takeaway
34638 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34638, FL
How much do homes in 34638, FL cost?
Median Sold Price
$426,703
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 34638 have sold for 12.1% less than they did a year ago.
Summary: The median home sold price in 34638 was $426,703 in April 2024, down 12.1% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $376K | $346K | -8.0% |
| 3 Bedrooms | $390.2K | $413.2K | +5.9% |
| 4 Bedrooms | $525K | $514K | -2.1% |
| 5+ Bedrooms | $615K | $665K | +8.1% |
Summary: 34638 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 8%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in 34638, FL
How many homes are available in 34638, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 289 | 253 | -12.5% |
Summary: The 34638 real estate market had 253 homes for sale in April 2024, a 12.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 70 | 54 | -22.9% |
| 3 Bedrooms | 113 | 92 | -18.6% |
| 4 Bedrooms | 67 | 66 | -1.5% |
| 5+ Bedrooms | 39 | 41 | +5.1% |
Summary: The 34638 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 decreased by 22.9%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 5.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 66 | 73 | +10.6% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34638, expect to pay close to the asking price. 56.2% of homes here sold near the asking price last month.
Summary: A total of 73 homes were sold or pending in 34638 in April 2024, up by 10.6% month-over-month. Of the 73 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% were sold over asking.
Days on Market for 34638, FL
How long does it take to sell a home in 34638, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 34 Days | +0.8% |
Summary: Homes in 34638 had an average of 34 days on market in Apr 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34638 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 73 homes were sold in 34638; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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