Is 34714, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34714 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 34714 has remained a Seller's Market.

Key Takeaway

34714 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34714, FL

How much do homes in 34714, FL cost?

Median Sold Price

$422,743

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$7,000(+1.7%)

Key Takeaway

Homes in 34714 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 34714 was $422,743 in March 2024, up 1.7% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $94.2K$110K
+16.7%
2 $369.9K$375K
+1.4%
3 $380K$380.3K
0.1%
4 $446.7K$455K
+1.9%
5+ $482.5K$507.6K
+5.2%

Summary: 34714 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

34787
+9.2%
34711
+5.2%
34736
+2.3%
34714
+1.7%
34747
-2.4%

Housing Supply in 34714, FL

How many homes are available in 34714, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
198186-6.1%

Summary: The 34714 real estate market had 186 homes for sale in March 2024, a 6.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1110
-9.1%
2 1816
-11.1%
3 6463
-1.6%
4 7467
-9.5%
5+ 3130
-3.2%

Summary: The 34714 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 3.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3832-15.8%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34714, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 34714 in March 2024, down by 15.8% month-over-month. Of the 32 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.

Days on Market for 34714, FL

How long does it take to sell a home in 34714, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
32 Days47 Days+45.9%

Summary: Homes in 34714 had an average of 47 days on market in Mar 2024, up by 45.9% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34714 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 32 homes were sold in 34714; 53% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 22% 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 26 Days Ago

Newest Listings in 34714, FL

Nearby Markets to 34714, FL