34601 ZIP Code Housing Market
$355,000median sale price
Quick answer: The median home sale price in ZIP code 34601 is $355,000. Homes sell in an average of 151 days with 131 active listings. The market is currently a leaning buyer's.
Is the 34601 ZIP code a buyer's or seller's market?
ZIP code 34601 is currently a leaning buyer's and homes selling in about 151 days. How we determine this →
34601 market data
| Metric | Value |
|---|---|
| Median sale price | $355,000 |
| Median list price | $504,950 |
| Average days on market | 151 days |
| Active inventory | 131 listings |
| Sale-to-list price ratio | 96.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 34601 zip code, located in Bay Harbor Islands, FL, is currently classified as a leaning buyer's. The median sale price stands at $355,000. Homes in this area spend an average of 151 days on the market before going under contract. There are currently 131 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 34601 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
63
Last 12 weeks
Days on market
151
Average pace
Active listings
131
Sale-to-list
96.1%
Below asking
Market trends
Market analysis for 34601
The 34601 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 96.1% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 34601 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 34601 stands at $315,507, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,220 per month. This gives a price-to-rent ratio of approximately 21.6, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
24,115
Median income
$60,440/yr
Median age
50.1 years
Owner-occupied
7235.0%
College grads
1947.0%
Avg commute
26.92 min
Living in 34601
Zip code 34601 is home to approximately 24,115 residents. The median household income is $60,440 per year, which shapes the types of homes and amenities available in the area. With a median age of 50.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7235.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 1947.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 26.92 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 34601.
Top public schools in ZIP 34601
8 schools tracked · 3,497 students
The largest public schools serving ZIP code 34601 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
HERNANDO HIGH SCHOOL
Grades 6-12 · 1,270 students
D. S. PARROTT MIDDLE SCHOOL
Grades 6-8 · 728 students
BROOKSVILLE ELEMENTARY SCHOOL
Grades PK-5 · 672 students
MOTON ELEMENTARY SCHOOL
Grades PK-5 · 671 students
BROOKSVILLE ENGINEERING SCIENCE AND TECHNOLOGY (B.E.S.T.)
Grades 6-8 · 97 students
HERNANDO ESCHOOL VIRTUAL FRANCHISE
Grades K-12 · 59 students
HERNANDO VIRTUAL INSTRUCTION
Grades K-12
HERNANDO VIRTUAL INSTRUCTION PROGRAM
Grades 1-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 34601
What is the median home price in 34601?
The current median sale price in 34601 is $355,000, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 34601 a buyer's or seller's market?
The 34601 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 34601?
Zip code 34601 has a population of approximately 24,115 residents. The median household income is $60,440 per year. About 7235.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 34601?
Properties Incorporated provides comprehensive data for 34601 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 34601 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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