Is 33311, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33311 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 33311 was a Seller's Market.

Key Takeaway

33311 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33311, FL

How much do homes in 33311, FL cost?

Median Sold Price

$365,000

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$45,000(+14.1%)

Key Takeaway

Homes in 33311 have sold for 14.1% more than they did a year ago.

Summary: The median home sold price in 33311 was $365,000 in February 2024, up 14.1% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $120K$115.5K
-3.8%
2 $256K$294.5K
+15.0%
3 $340K$379.8K
+11.7%
4 $382K$398.5K
+4.3%
5+ $375K$414K
+10.4%

Summary: 33311 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Zip Codes

33301
+18.2%
33309
+17.5%
33311
+14.1%
33305
+7.8%
33304
+3.3%

Housing Supply in 33311, FL

How many homes are available in 33311, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
188210+11.7%

Summary: The 33311 real estate market had 210 homes for sale in February 2024, a 11.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 1312
-7.7%
2 4956
+14.3%
3 9095
+5.6%
4 2734
+25.9%
5+ 913
+44.4%

Summary: The 33311 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 44.4%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2625-3.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33311, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 33311 in February 2024, down by 3.8% month-over-month. Of the 25 sold homes, 52% were sold under asking, 20% were sold at asking, and 28% were sold over asking.

Days on Market for 33311, FL

How long does it take to sell a home in 33311, FL?

Average Sale Time

Feb 2023Feb 2024CHANGE
42 Days50 Days+18.2%

Summary: Homes in 33311 had an average of 50 days on market in Feb 2024, up by 18.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 33311 has remained consistent over time.

Summary: During February 2024, 25 homes were sold in 33311; 36% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 20% 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 33311, FL

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