Is 33157, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33157 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33157 was a Seller's Market.

Key Takeaway

33157 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33157, FL

How much do homes in 33157, FL cost?

Median Sold Price

$669,399

$377/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$66,699(+11.1%)

Key Takeaway

Homes in 33157 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 33157 was $669,399 in October 2024, up 11.1% from last year, and the median price per square foot was $377.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $196.5K$190K
-3.3%
2 $239K$249K
+4.2%
3 $535K$600.2K
+12.2%
4 $740K$810K
+9.5%
5+ $1.1M$1.1M
-1.8%

Summary: 33157 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Zip Codes

33157
+11.1%
33189
+10.8%
33177
+9.6%
33176
-0.1%
33158
-8.6%

Housing Supply in 33157, FL

How many homes are available in 33157, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
276305+10.5%

Summary: The 33157 real estate market had 305 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 57
+40.0%
2 2625
-3.8%
3 7781
+5.2%
4 109126
+15.6%
5+ 5966
+11.9%

Summary: The 33157 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 11.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3638+5.6%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33157, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 33157 in October 2024, up by 5.6% month-over-month. Of the 38 sold homes, 61% were sold under asking, 21% were sold at asking, and 18% were sold over asking.

Days on Market for 33157, FL

How long does it take to sell a home in 33157, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days55 Days-13.7%

Summary: Homes in 33157 had an average of 55 days on market in Oct 2024, down by 13.7% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33157 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 38 homes were sold in 33157; 45% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 16% 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 20 Days Ago

Newest Listings in 33157, FL

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