Is 34974, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 34974 is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, 34974 has remained a Buyer's Market.

Key Takeaway

34974 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 34974, FL

How much do homes in 34974, FL cost?

Median Sold Price

$249,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$6,000(-2.4%)

Key Takeaway

Homes in 34974 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 34974 was $249,000 in February 2024, down 2.4% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $75K$77.5K
+3.3%
2 $195.4K$167.2K
-14.5%
3 $285K$275K
-3.5%
4 $290.9K$331K
+13.8%
5+ $635K$395K
-37.8%

Summary: 34974 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes decreased by 14.5%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 37.8%.

Median Sold Price Compared To Nearby Zip Codes

34987
+2.1%
34974
-2.4%
34972
-3.4%

Housing Supply in 34974, FL

How many homes are available in 34974, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
178188+5.6%

Summary: The 34974 real estate market had 188 homes for sale in February 2024, a 5.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 1821
+16.7%
2 5653
-5.4%
3 8489
+6.0%
4 1515
0.0%
5+ 510
+100.0%

Summary: The 34974 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
23230.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 34974, you may be able to get a good deal. 82.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 34974 in February 2024, the same as the previous month. Of the 23 sold homes, 83% were sold under asking, 13% were sold at asking, and 4% were sold over asking.

Days on Market for 34974, FL

How long does it take to sell a home in 34974, FL?

Average Sale Time

Feb 2023Feb 2024CHANGE
68 Days44 Days-34.3%

Summary: Homes in 34974 had an average of 44 days on market in Feb 2024, down by 34.3% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 34974 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 23 homes were sold in 34974; 70% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% 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 28 Days Ago

Newest Listings in 34974, FL

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