Is 34734, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34734 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 34734 has remained a Seller's Market.

Key Takeaway

34734 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 34734, FL

How much do homes in 34734, FL cost?

Median Sold Price

$455,000

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$45,000(-9.0%)

Key Takeaway

Homes in 34734 have sold for 9% less than they did a year ago.

Summary: The median home sold price in 34734 was $455,000 in April 2024, down 9% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $205.7K$235K
+14.2%
3 $360K$375K
+4.2%
4 $599K$580K
-3.2%
5+ $767.5K$1.3M
+74.1%

Summary: 34734 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 increased by 14.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 74.1%.

Median Sold Price Compared To Nearby Zip Codes

34786
+12.1%
32835
+7.5%
34761
+3.3%
34734
-9.0%

Housing Supply in 34734, FL

How many homes are available in 34734, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
19190.0%

Summary: The 34734 real estate market had 19 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 10
-100.0%
3 1110
-9.1%
4 32
-33.3%
5+ 47
+75.0%

Summary: The 34734 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 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34734, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 34734 in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 34734, FL

How long does it take to sell a home in 34734, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
15 Days31 Days+110.0%

Summary: Homes in 34734 had an average of 31 days on market in Apr 2024, up by 110% 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 34734 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 34734; 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 22 Days Ago

Newest Listings in 34734, FL

Nearby Markets to 34734, FL