Is 33897, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33897 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 33897 was a Seller's Market.

Key Takeaway

33897 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 33897, FL

How much do homes in 33897, FL cost?

Median Sold Price

$378,135

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$7,773(-2.0%)

Key Takeaway

Homes in 33897 have sold for 2% less than they did a year ago.

Summary: The median home sold price in 33897 was $378,135 in April 2024, down 2% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $239.5K$229K
-4.4%
3 $320K$317K
-0.9%
4 $400K$390K
-2.5%
5+ $495K$490K
-1.0%

Summary: 33897 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Zip Codes

33896
+2.2%
33897
-2.0%
34747
-3.3%
33837
-3.3%
33868
-7.7%

Housing Supply in 33897, FL

How many homes are available in 33897, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
400422+5.5%

Summary: The 33897 real estate market had 422 homes for sale in April 2024, a 5.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2928
-3.4%
3 103112
+8.7%
4 181179
-1.1%
5+ 87103
+18.4%

Summary: The 33897 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 decreased by 3.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 18.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5166+29.4%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33897, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in 33897 in April 2024, up by 29.4% month-over-month. Of the 66 sold homes, 73% were sold under asking, 24% were sold at asking, and 3% were sold over asking.

Days on Market for 33897, FL

How long does it take to sell a home in 33897, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days79 Days+78.2%

Summary: Homes in 33897 had an average of 79 days on market in Apr 2024, up by 78.2% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

25 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33897 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 66 homes were sold in 33897; 36% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 38% 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 3 Days Ago

Newest Listings in 33897, FL

Nearby Markets to 33897, FL