Is 33140, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33140 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 33140 has remained a Buyer's Market.

Key Takeaway

33140 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33140, FL

How much do homes in 33140, FL cost?

Median Sold Price

$868,250

$666/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$119,083(+15.9%)

Key Takeaway

Homes in 33140 have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in 33140 was $868,250 in October 2024, up 15.9% from last year, and the median price per square foot was $666.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $387K$400K
+3.4%
2 $628.7K$642.5K
+2.2%
3 $2.1M$2.3M
+6.0%
4 $2.8M$2.9M
+3.5%
5+ $5.1M$8.1M
+60.2%

Summary: 33140 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 60.2%.

Median Sold Price Compared To Nearby Zip Codes

33141
+23.4%
33140
+15.9%
33139
+10.8%
33137
+9.1%

Housing Supply in 33140, FL

How many homes are available in 33140, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
492541+10.0%

Summary: The 33140 real estate market had 541 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 126132
+4.8%
2 205223
+8.8%
3 4254
+28.6%
4 5760
+5.3%
5+ 6272
+16.1%

Summary: The 33140 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 16.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2830+7.1%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33140, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 33140 in October 2024, up by 7.1% month-over-month. Of the 30 sold homes, 83% were sold under asking, 7% were sold at asking, and 10% were sold over asking.

Days on Market for 33140, FL

How long does it take to sell a home in 33140, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
81 Days121 Days+49.8%

Summary: Homes in 33140 had an average of 121 days on market in Oct 2024, up by 49.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33140 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 30 homes were sold in 33140; 23% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 43% 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

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