Is 33024, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33024 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33024 was a Seller's Market.

Key Takeaway

33024 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33024, FL

How much do homes in 33024, FL cost?

Median Sold Price

$483,000

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,833(+6.1%)

Key Takeaway

Homes in 33024 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 33024 was $483,000 in October 2024, up 6.1% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$155K
-6.1%
2 $332K$322K
-3.0%
3 $465K$500K
+7.5%
4 $540K$580K
+7.4%
5+ $1.2M$690K
-44.8%

Summary: 33024 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 44.8%.

Median Sold Price Compared To Nearby Zip Codes

33314
+16.6%
33026
+12.1%
33023
+9.1%
33024
+6.1%
33025
+3.8%

Housing Supply in 33024, FL

How many homes are available in 33024, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
239253+5.9%

Summary: The 33024 real estate market had 253 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 99
0.0%
2 5863
+8.6%
3 95109
+14.7%
4 5954
-8.5%
5+ 1818
0.0%

Summary: The 33024 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4033-17.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33024, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 33024 in October 2024, down by 17.5% month-over-month. Of the 33 sold homes, 67% were sold under asking, 12% were sold at asking, and 21% were sold over asking.

Days on Market for 33024, FL

How long does it take to sell a home in 33024, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days33 Days-5.1%

Summary: Homes in 33024 had an average of 33 days on market in Oct 2024, down by 5.1% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33024 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 33 homes were sold in 33024; 64% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% 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 4 Days Ago

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