Is 34690, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34690 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 34690 has remained a Seller's Market.

Key Takeaway

34690 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34690, FL

How much do homes in 34690, FL cost?

Median Sold Price

$238,500

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,500(-1.4%)

Key Takeaway

Homes in 34690 have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in 34690 was $238,500 in March 2024, down 1.4% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $275K$87.2K
-68.3%
2 $226K$220K
-2.7%
3 $270K$267.5K
-0.9%
4 $281.5K$405K
+43.9%
5+ $417.5K$414K
-0.8%

Summary: 34690 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.3%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 43.9%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Zip Codes

34688
+5.7%
34653
+4.0%
34652
+1.2%
34691
-0.9%
34690
-1.4%

Housing Supply in 34690, FL

How many homes are available in 34690, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
115125+8.7%

Summary: The 34690 real estate market had 125 homes for sale in March 2024, a 8.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 7579
+5.3%
3 3139
+25.8%
4 65
-16.7%
5+ 00
0.0%

Summary: The 34690 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 25.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1926+36.8%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34690, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 34690 in March 2024, up by 36.8% month-over-month. Of the 26 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.

Days on Market for 34690, FL

How long does it take to sell a home in 34690, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
59 Days44 Days-26.0%

Summary: Homes in 34690 had an average of 44 days on market in Mar 2024, down by 26% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 34690 has remained consistent over time.

Summary: During March 2024, 26 homes were sold in 34690; 42% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 12% 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 29 Days Ago

Newest Listings in 34690, FL

Nearby Markets to 34690, FL