Is 33196, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33196 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 33196 has remained a Seller's Market.

Key Takeaway

33196 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 33196, FL

How much do homes in 33196, FL cost?

Median Sold Price

$573,333

$309/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$82,555(+16.8%)

Key Takeaway

Homes in 33196 have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in 33196 was $573,333 in April 2024, up 16.8% from last year, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $204.3K$234.5K
+14.8%
2 $255K$305K
+19.6%
3 $470K$530K
+12.8%
4 $625K$695K
+11.2%
5+ $680K$755K
+11.0%

Summary: 33196 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Zip Codes

33193
+25.6%
33196
+16.8%
33186
+10.1%
33183
+9.8%
33187
+7.7%

Housing Supply in 33196, FL

How many homes are available in 33196, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
146158+8.2%

Summary: The 33196 real estate market had 158 homes for sale in April 2024, a 8.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1311
-15.4%
2 3125
-19.4%
3 4553
+17.8%
4 3443
+26.5%
5+ 2326
+13.0%

Summary: The 33196 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.4%, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 26.5%, and 5+ bedroom homes increased by 13%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3028-6.7%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33196, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 33196 in April 2024, down by 6.7% month-over-month. Of the 28 sold homes, 57% were sold under asking, 18% were sold at asking, and 25% were sold over asking.

Days on Market for 33196, FL

How long does it take to sell a home in 33196, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
49 Days40 Days-19.3%

Summary: Homes in 33196 had an average of 40 days on market in Apr 2024, down by 19.3% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33196 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 28 homes were sold in 33196; 61% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 18% 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 17 Days Ago

Newest Listings in 33196, FL

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