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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33311 is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

33311 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 33311, FL

How much do homes in 33311, FL cost?

Median Sold Price

$369,500

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$39,500(+12.0%)

Key Takeaway

Homes in 33311 have sold for 12% more than they did a year ago.

Summary: The median home sold price in 33311 was $369,500 in April 2024, up 12% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $125K$124K
-0.8%
2 $270K$294K
+8.9%
3 $345K$379.9K
+10.1%
4 $385.5K$422K
+9.5%
5+ $372.5K$420K
+12.8%

Summary: 33311 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 12.8%.

Median Sold Price Compared To Nearby Zip Codes

33301
+29.2%
33309
+20.0%
33311
+12.0%
33305
+7.8%
33304
-2.1%

Housing Supply in 33311, FL

How many homes are available in 33311, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
214241+12.6%

Summary: The 33311 real estate market had 241 homes for sale in April 2024, a 12.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1111
0.0%
2 5466
+22.2%
3 98109
+11.2%
4 4246
+9.5%
5+ 99
0.0%

Summary: The 33311 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3136+16.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33311, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 36 homes were sold or pending in 33311 in April 2024, up by 16.1% month-over-month. Of the 36 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% 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

Apr 2023Apr 2024CHANGE
47 Days46 Days-0.7%

Summary: Homes in 33311 had an average of 46 days on market in Apr 2024, down by 0.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

6 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 April 2024, 36 homes were sold in 33311; 39% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

Newest Listings in 33311, FL

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