Is 33478, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33478 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 33478 was a Seller's Market.

Key Takeaway

33478 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33478, FL

How much do homes in 33478, FL cost?

Median Sold Price

$895,000

$399/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$45,000(+5.3%)

Key Takeaway

Homes in 33478 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 33478 was $895,000 in March 2024, up 5.3% from last year, and the median price per square foot was $399.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$535K
N/A
2 $820K$800K
-2.4%
3 $700K$765K
+9.3%
4 $940K$915K
-2.7%
5+ $1.2M$1.9M
+54.9%

Summary: 33478 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 decreased by 2.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 54.9%.

Median Sold Price Compared To Nearby Zip Codes

33412
+13.9%
33418
+11.2%
33478
+5.3%
33458
+4.4%
33455
-2.3%

Housing Supply in 33478, FL

How many homes are available in 33478, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
132147+11.4%

Summary: The 33478 real estate market had 147 homes for sale in March 2024, a 11.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 88
0.0%
3 5553
-3.6%
4 4253
+26.2%
5+ 2732
+18.5%

Summary: The 33478 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes increased by 18.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1920+5.3%

Asking Price vs. Sold Price

16 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 33478, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 33478 in March 2024, up by 5.3% month-over-month. Of the 20 sold homes, 80% were sold under asking, 15% were sold at asking, and 5% were sold over asking.

Days on Market for 33478, FL

How long does it take to sell a home in 33478, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
57 Days57 Days+0.6%

Summary: Homes in 33478 had an average of 57 days on market in Mar 2024, up by 0.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33478 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 20 homes were sold in 33478; 45% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 30% 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 33478, FL

Nearby Markets to 33478, FL