Is Summerfield, FL 34491 a buyer’s or seller’s market?
Summerfield is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 10% of U.S. ZIP codes, and #471 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Summerfield housing market right now
In the three months ending August 31, 2026, 7% of homes in Summerfield, FL 34491 sold above their list price, the typical home went under contract in 75 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 210 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold faster (82 days then) and the median sale price fell 7% to $275,166. Overall, Summerfield is more competitive than a year ago, so tougher for buyers.
Within Marion County, homes here sell more slowly than in 61% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Summerfield ranks #471 of 796 FL ZIP codes with enough sales (score 17 out of 100).
Nearby, buyers who want less competition could look at Reddick 32686 (0% sold over asking) or Mc Intosh 32664 (0% sold over asking), while Anthony 32617 (20% sold over asking) and Ocala 34472 (20% sold over asking) are even more competitive.
Run the numbers for 34491
Nearby markets
Anthony 32617Buyer’s market $199 /sq ftBelleview 34420Balanced $159 /sq ftCitra 32113Balanced $148 /sq ftDunnellon 34431Balanced $180 /sq ft Browse all markets →Towns like Summerfield nearby
Find towns like Summerfield in other states →Where Summerfield is
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Questions about Summerfield real estate
Is Summerfield a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Summerfield, FL 34491 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Summerfield?
The typical home went under contract in 75 days in the latest three months.
Do homes in Summerfield sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Summerfield?
About 0.74% of a home’s value a year in Marion County, or roughly $2,960 on a $400,000 home.
What is the median home price in Summerfield?
The median sale price was $275,166 in the three months ending August 31, 2026, about $178 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology