34216 Housing Market Report February 2025Manatee County, Florida

hero building illustration for mobile

Housing Prices in 34216, FL

How much do homes in 34216, FL cost?

Housing Market Conditions

Is 34216, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

34216 is a Buyer's Market

Difference Since January 2025

Last month, 34216 was a Neutral Market.

Insight

34216 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,537,500$1,076/SqFt
+$497,500
+47.8%

Based on all homes sold in February 2025

Insight

Homes in 34216 have sold for 47.8% more than they did a month ago.

Summary: The median home sold price in 34216 was $1,537,500 in February 2025, up 47.8% from last month, and the median price per square foot was $1,076.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2$1.0M$1.3M
+27.4%
3$975K$1.7M
+79.5%
4$1.1M-
N/A
5--
N/A

Summary: 34216 housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +27.4%. The home price for 3 bedroom homes increased by +79.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 34216, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

34216, FL

Housing supply in 34216, FL

How many homes are available in 34216, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
48Last MonthFeb 2025
342 months agoJan 2025
+41.2 %
Change MoMJan – Feb

Summary: The 34216 real estate market had 48 homes for sale in Feb 2025, a 41.2 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthFeb 2025
52 months agoJan 2025
-60.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
2913
+44.4%
3810
+25.0%
4816
+100.0%
599
0.0%

Summary: 34216 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +44.4%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 34216, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in 34216, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 34216 in February 2025, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 34216, FL

How long does it take to sell a home in 34216, FL?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 34216 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 2 homes were sold in 34216; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
13 DaysLast MonthFeb 2025
11 Days1 month agoJan 2025
+12.1 %
Change MoMJan – Feb

Summary: Homes in 34216 had an average listing age of 13 days in Feb 2025, up by 12.1% compared to the previous month.

Newest Listings in 34216, FL

What homes are available in 34216, FL?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Stellar MLS, for the period 01/01/2025 - 03/01/2025

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:19:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.