Is 33880, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33880 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 33880 has remained a Seller's Market.

Key Takeaway

33880 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 33880, FL

How much do homes in 33880, FL cost?

Median Sold Price

$289,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,933(-3.6%)

Key Takeaway

Homes in 33880 have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in 33880 was $289,000 in March 2024, down 3.6% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $80.5K$61K
-24.2%
2 $175K$149.9K
-14.3%
3 $280K$275K
-1.8%
4 $340K$317.9K
-6.5%
5+ $368.9K$373.9K
+1.4%

Summary: 33880 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.2%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Zip Codes

33839
+3.3%
33884
+2.1%
33823
-0.2%
33881
-0.4%
33880
-3.6%

Housing Supply in 33880, FL

How many homes are available in 33880, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
240252+5.0%

Summary: The 33880 real estate market had 252 homes for sale in March 2024, a 5.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 5054
+8.0%
3 110117
+6.4%
4 6563
-3.1%
5+ 1114
+27.3%

Summary: The 33880 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 8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4449+11.4%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33880, you may be able to get a good deal. 44.9% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in 33880 in March 2024, up by 11.4% month-over-month. Of the 49 sold homes, 45% were sold under asking, 31% were sold at asking, and 24% were sold over asking.

Days on Market for 33880, FL

How long does it take to sell a home in 33880, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
50 Days42 Days-16.2%

Summary: Homes in 33880 had an average of 42 days on market in Mar 2024, down by 16.2% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33880 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 49 homes were sold in 33880; 49% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 16% 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 24 Days Ago

Newest Listings in 33880, FL

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