Is 33142, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33142 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 33142 was a Seller's Market.

Key Takeaway

33142 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 33142, FL

How much do homes in 33142, FL cost?

Median Sold Price

$400,000

$347/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$30,000(+8.1%)

Key Takeaway

Homes in 33142 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 33142 was $400,000 in March 2024, up 8.1% from last year, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $260K$267.5K
+2.9%
2 $280K$335K
+19.6%
3 $377K$415K
+10.1%
4 $421.5K$479.5K
+13.8%
5+ $484K$300K
-38.0%

Summary: 33142 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 38%.

Median Sold Price Compared To Nearby Zip Codes

33125
+27.1%
33142
+8.1%
33147
+7.3%

Housing Supply in 33142, FL

How many homes are available in 33142, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8583-2.4%

Summary: The 33142 real estate market had 83 homes for sale in March 2024, a 2.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 2523
-8.0%
3 3937
-5.1%
4 1818
0.0%
5+ 14
+300.0%

Summary: The 33142 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33142, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 33142 in March 2024, down by 18.8% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.

Days on Market for 33142, FL

How long does it take to sell a home in 33142, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
78 Days43 Days-44.8%

Summary: Homes in 33142 had an average of 43 days on market in Mar 2024, down by 44.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 33142 has remained consistent over time.

Summary: During March 2024, 13 homes were sold in 33142; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% 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 28 Days Ago

Newest Listings in 33142, FL

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