Is 33331, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33331 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 33331 was a Seller's Market.

Key Takeaway

33331 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 33331, FL

How much do homes in 33331, FL cost?

Median Sold Price

$819,500

$380/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$56,500(+7.4%)

Key Takeaway

Homes in 33331 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 33331 was $819,500 in March 2024, up 7.4% from last year, and the median price per square foot was $380.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $250K-
N/A
2 $430K$495K
+15.1%
3 $635K$635K
0.0%
4 $825K$850K
+3.0%
5+ $1.5M$1.3M
-7.3%

Summary: 33331 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 7.3%.

Median Sold Price Compared To Nearby Zip Codes

33326
+14.2%
33331
+7.4%
33028
+3.5%
33330
-4.3%
33332
-6.9%

Housing Supply in 33331, FL

How many homes are available in 33331, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7184+18.3%

Summary: The 33331 real estate market had 84 homes for sale in March 2024, a 18.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 14
+300.0%
3 1615
-6.3%
4 2226
+18.2%
5+ 3138
+22.6%

Summary: The 33331 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 22.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33331, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 33331 in March 2024, up by 9.1% month-over-month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.

Days on Market for 33331, FL

How long does it take to sell a home in 33331, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
82 Days23 Days-72.2%

Summary: Homes in 33331 had an average of 23 days on market in Mar 2024, down by 72.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33331 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in 33331; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 33331, FL

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