Is 33029, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33029 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 33029 was a Seller's Market.

Key Takeaway

33029 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33029, FL

How much do homes in 33029, FL cost?

Median Sold Price

$723,333

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,333(+4.8%)

Key Takeaway

Homes in 33029 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 33029 was $723,333 in November 2024, up 4.8% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $412.5K$452.5K
+9.7%
3 $570.5K$605K
+6.0%
4 $730K$745K
+2.1%
5+ $945K$1.0M
+8.5%

Summary: 33029 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Zip Codes

33027
+28.9%
33332
+18.7%
33331
+13.1%
33028
+7.9%
33029
+4.8%

Housing Supply in 33029, FL

How many homes are available in 33029, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
151163+7.9%

Summary: The 33029 real estate market had 163 homes for sale in November 2024, a 7.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 4646
0.0%
4 6369
+9.5%
5+ 4248
+14.3%

Summary: The 33029 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2219-13.6%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33029, you may be able to get a good deal. 89.5% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 33029 in November 2024, down by 13.6% month-over-month. Of the 19 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.

Days on Market for 33029, FL

How long does it take to sell a home in 33029, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days54 Days+52.3%

Summary: Homes in 33029 had an average of 54 days on market in Nov 2024, up by 52.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33029 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 19 homes were sold in 33029; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% 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 21 Days Ago

Newest Listings in 33029, FL

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