Is 33178, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33178 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 33178 was a Neutral Market.

Key Takeaway

33178 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33178, FL

How much do homes in 33178, FL cost?

Median Sold Price

$570,000

$336/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$45,000(+8.6%)

Key Takeaway

Homes in 33178 have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in 33178 was $570,000 in February 2024, up 8.6% from last year, and the median price per square foot was $336.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $270.5K$210K
-22.4%
2 $368K$410K
+11.4%
3 $500K$549.3K
+9.9%
4 $695K$730K
+5.0%
5+ $1.2M$1.1M
-3.1%

Summary: 33178 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.4%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

33172
+21.2%
33182
+14.8%
33018
+13.9%
33166
+10.8%
33178
+8.6%

Housing Supply in 33178, FL

How many homes are available in 33178, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
266311+16.9%

Summary: The 33178 real estate market had 311 homes for sale in February 2024, a 16.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 3641
+13.9%
2 5157
+11.8%
3 87110
+26.4%
4 6369
+9.5%
5+ 2934
+17.2%

Summary: The 33178 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.9%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 17.2%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2737+37.0%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33178, you may be able to get a good deal. 83.8% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in 33178 in February 2024, up by 37.0% month-over-month. Of the 37 sold homes, 84% were sold under asking, 8% were sold at asking, and 8% were sold over asking.

Days on Market for 33178, FL

How long does it take to sell a home in 33178, FL?

Average Sale Time

Feb 2023Feb 2024CHANGE
39 Days45 Days+13.9%

Summary: Homes in 33178 had an average of 45 days on market in Feb 2024, up by 13.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 33178 has remained consistent over time.

Summary: During February 2024, 37 homes were sold in 33178; 43% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 11% 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 27 Days Ago

Newest Listings in 33178, FL

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