Is 34698, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34698 is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, 34698 has remained a Seller's Market.

Key Takeaway

34698 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 34698, FL cost?

Median Sold Price

$389,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$93,480(+31.6%)

Key Takeaway

Homes in 34698 have sold for 31.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $110K$157K
+42.7%
2 $218.6K$290K
+32.6%
3 $355K$470K
+32.4%
4 $496.5K$610K
+22.9%
5+ $609K$933.5K
+53.3%

Median Sold Price Compared To Nearby Zip Codes

34698
+31.6%
33763
+27.0%
33761
+22.0%
33767
+17.4%
34683
+16.9%

How many homes are available in 34698, FL?

Number of Homes For Sale

Apr 2022May 2022%
231226-2.2%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 2326
+13.0%
2 9587
-8.4%
3 7781
+5.2%
4 2827
-3.6%
5+ 85
-37.5%

Number of Homes Sold

Apr 2022May 2022%
8683-3.5%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34698, you could pay more than the asking price. 50.6% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
9 Days12 Days+32.6%

Breakdown of Home Sale Times

73 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34698 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 34698, FL

There are 226 homes are for sale in 34698, FL real estate market. The number of homes for sale in 34698, FL decreased by 2.2% between April 2022 and May 2022. In May 2022 median list price was $389,000 and the average listing age was 12 days. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 42.7%, prices of 2 bedrooms properties increased by 32.6%, prices of 3 bedrooms properties went up by 32.4%, 4 bedrooms properties prices increased by 22.9%, prices of 5 bedrooms properties increased by 53.3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory increased by 13%, number of 2 bedrooms homes decreased by 8.4%, number of 3 bedrooms homes increased by 5.2%, the quantity of 4 bedrooms homes went down by 3.6%, 5 bedrooms homes became 37.5% less available. Over 42 listings were sold over their listed price in May 2022 in 34698, FL. In the same period over 20 listings were sold below the listed price and 21 listings were sold for the listed price.