Is 34705, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34705 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 34705 has remained a Seller's Market.

Key Takeaway

34705 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34705, FL

How much do homes in 34705, FL cost?

Median Sold Price

$345,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$19,000(-5.2%)

Key Takeaway

Homes in 34705 have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in 34705 was $345,000 in April 2024, down 5.2% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $625K$224K
-64.2%
3 $365K$232.5K
-36.3%
4 $358K$383.2K
+7.1%
5+ $1.4M$594K
-58.8%

Summary: 34705 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 64.2%, 3 bedroom homes decreased by 36.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 58.8%.

Median Sold Price Compared To Nearby Zip Codes

32703
+2.9%
34715
+2.6%
32757
+2.5%
34705
-5.2%
32778
-6.7%

Housing Supply in 34705, FL

How many homes are available in 34705, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
16160.0%

Summary: The 34705 real estate market had 16 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 76
-14.3%
4 56
+20.0%
5+ 11
0.0%

Summary: The 34705 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34705, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 34705 in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 34705, FL

How long does it take to sell a home in 34705, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
38 Days38 Days+0.6%

Summary: Homes in 34705 had an average of 38 days on market in Apr 2024, up by 0.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34705 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 34705; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 5 Days Ago

Newest Listings in 34705, FL

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