Is 33931, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33931 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 33931 was a Seller's Market.

Key Takeaway

33931 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33931, FL

How much do homes in 33931, FL cost?

Median Sold Price

$738,500

$563/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$36,000(+5.1%)

Key Takeaway

Homes in 33931 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 33931 was $738,500 in March 2024, up 5.1% from last year, and the median price per square foot was $563.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $410K$412.5K
+0.6%
2 $639K$560.6K
-12.3%
3 $958.2K$925K
-3.5%
4 $995K$1.0M
+1.8%
5+ $1.9M$1.8M
-5.3%

Summary: 33931 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

34134
+27.6%
33928
+13.0%
33931
+5.1%
33908
-6.8%

Housing Supply in 33931, FL

How many homes are available in 33931, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
386417+8.0%

Summary: The 33931 real estate market had 417 homes for sale in March 2024, a 8.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 3335
+6.1%
2 161180
+11.8%
3 138143
+3.6%
4 3232
0.0%
5+ 2227
+22.7%

Summary: The 33931 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2629+11.5%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33931, you may be able to get a good deal. 79.3% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 33931 in March 2024, up by 11.5% month-over-month. Of the 29 sold homes, 79% were sold under asking, 17% were sold at asking, and 3% were sold over asking.

Days on Market for 33931, FL

How long does it take to sell a home in 33931, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
45 Days76 Days+68.1%

Summary: Homes in 33931 had an average of 76 days on market in Mar 2024, up by 68.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33931 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 29 homes were sold in 33931; 38% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 28% 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 26 Days Ago

Newest Listings in 33931, FL

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