Is 33023, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33023 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 33023 was a Seller's Market.

Key Takeaway

33023 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 33023, FL

How much do homes in 33023, FL cost?

Median Sold Price

$470,000

$343/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,883(+7.5%)

Key Takeaway

Homes in 33023 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 33023 was $470,000 in November 2024, up 7.5% from last year, and the median price per square foot was $343.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K$185K
+27.6%
2 $347.5K$350K
+0.7%
3 $445K$470K
+5.6%
4 $490K$525K
+7.1%
5+ $484.2K$549.5K
+13.5%

Summary: 33023 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.6%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 13.5%.

Median Sold Price Compared To Nearby Zip Codes

33021
+9.6%
33023
+7.5%
33169
+6.6%
33024
+6.3%
33179
+6.0%

Housing Supply in 33023, FL

How many homes are available in 33023, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
173185+6.9%

Summary: The 33023 real estate market had 185 homes for sale in November 2024, a 6.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1113
+18.2%
2 2731
+14.8%
3 9294
+2.2%
4 3438
+11.8%
5+ 99
0.0%

Summary: The 33023 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3028-6.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33023, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 33023 in November 2024, down by 6.7% month-over-month. Of the 28 sold homes, 71% were sold under asking, 11% were sold at asking, and 18% were sold over asking.

Days on Market for 33023, FL

How long does it take to sell a home in 33023, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days32 Days+10.5%

Summary: Homes in 33023 had an average of 32 days on market in Nov 2024, up by 10.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33023 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 28 homes were sold in 33023; 50% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 4% 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 22 Days Ago

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