Is 33898, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 33898 was a Seller's Market.
Key Takeaway
33898 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33898, FL
How much do homes in 33898, FL cost?
Median Sold Price
$235,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 33898 have sold for 7.8% less than they did a year ago.
Summary: The median home sold price in 33898 was $235,000 in May 2024, down 7.8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $90K | +5.9% |
| 2 Bedrooms | $180K | $157K | -12.8% |
| 3 Bedrooms | $299.9K | $285K | -5.0% |
| 4 Bedrooms | $365K | $339.4K | -7.0% |
| 5+ Bedrooms | $332.5K | $327.5K | -1.5% |
Summary: 33898 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 12.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in 33898, FL
How many homes are available in 33898, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 181 | 175 | -3.3% |
Summary: The 33898 real estate market had 175 homes for sale in May 2024, a 3.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 9 | -25.0% |
| 2 Bedrooms | 55 | 52 | -5.5% |
| 3 Bedrooms | 79 | 80 | +1.3% |
| 4 Bedrooms | 32 | 30 | -6.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 33898 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 17 | -41.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33898, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 33898 in May 2024, down by 41.4% month-over-month. Of the 17 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% were sold over asking.
Days on Market for 33898, FL
How long does it take to sell a home in 33898, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 54 Days | 57 Days | +5.1% |
Summary: Homes in 33898 had an average of 57 days on market in May 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33898 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in 33898; 59% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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