Home Values

34951 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median list price per square foot in 34951 is $74, which is lower than the Lakewood Park average of $78. The median price of homes currently listed in 34951 is $109,000 while the median price of homes that sold is $93,769.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 34951 is 14.4%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 34951 homeowners underwater on their mortgage is 27.8%, which is the same as Lakewood Park at 27.8%.

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Relative ZHVI
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34951 Market Overview

Data through Sep 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $109,000 Median listing price
  • $93,769 Median sale price
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34951 Market Health

Data through Sep 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 27.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 14.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
34949 $216,800
32968 $195,600
34945 $188,900
Name Median ZHVI
34986 $170,700
34981 $136,100
32960 $103,100
Name Median ZHVI
32962 $91,400
34982 $80,000
34947 $58,700

Listings & Sales

Data through Sep 30, 2014
  • $74 Median list price / sq ft
  • $75 Median sale price / sq ft
  • 28.6% Listings with price cut
27.9%
Sold below listing
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34951 Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,130 34951
    $1,103 Lakewood Park
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.72 Rent list price / sq ft
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