Is 33176, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33176 is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 33176 was a Seller's Market.

Key Takeaway

33176 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 33176, FL

How much do homes in 33176, FL cost?

Median Sold Price

$542,416

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$38,749(+7.7%)

Key Takeaway

Homes in 33176 have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in 33176 was $542,416 in May 2024, up 7.7% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $201K$236K
+17.4%
2 $278.2K$305K
+9.6%
3 $495K$540K
+9.1%
4 $910K$930K
+2.2%
5+ $1.4M$1.6M
+12.3%

Summary: 33176 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

33156
+25.5%
33173
+13.8%
33186
+10.8%
33158
+8.3%
33176
+7.7%

Housing Supply in 33176, FL

How many homes are available in 33176, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
190201+5.8%

Summary: The 33176 real estate market had 201 homes for sale in May 2024, a 5.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1818
0.0%
2 3640
+11.1%
3 4250
+19.0%
4 4641
-10.9%
5+ 4852
+8.3%

Summary: The 33176 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4829-39.6%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33176, you may be able to get a good deal. 72.4% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 33176 in May 2024, down by 39.6% month-over-month. Of the 29 sold homes, 72% were sold under asking, 17% were sold at asking, and 10% were sold over asking.

Days on Market for 33176, FL

How long does it take to sell a home in 33176, FL?

Average Sale Time

May 2023May 2024CHANGE
33 Days47 Days+40.0%

Summary: Homes in 33176 had an average of 47 days on market in May 2024, up by 40% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33176 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 29 homes were sold in 33176; 48% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 24% 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 1 Day Ago

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