$2,494 Closing Credit*
$210,000
887 SqFt
1 Bed
•1 Full Bath
Daniel Silverstein, Listing Office: Silmar Realty
Is 33160, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 33160 was a Seller's Market.
Key Takeaway
33160 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33160, FL
How much do homes in 33160, FL cost?
Median Sold Price
$681,305
$484/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$148,083(+27.8%)
Key Takeaway
Homes in 33160 have sold for 27.8% more than they did a year ago.
Summary: The median home sold price in 33160 was $681,305 in October 2024, up 27.8% from last year, and the median price per square foot was $484.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267K | $280K | +4.9% |
| 2 Bedrooms | $465K | $498K | +7.1% |
| 3 Bedrooms | $1.6M | $1.6M | +3.1% |
| 4 Bedrooms | $3.7M | $3.6M | -2.3% |
| 5+ Bedrooms | $6.4M | $5.6M | -12.5% |
Summary: 33160 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 12.5%.
Housing Supply in 33160, FL
How many homes are available in 33160, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,430 | 1,566 | +9.5% |
Summary: The 33160 real estate market had 1,566 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 303 | 333 | +9.9% |
| 2 Bedrooms | 552 | 611 | +10.7% |
| 3 Bedrooms | 361 | 398 | +10.2% |
| 4 Bedrooms | 145 | 153 | +5.5% |
| 5+ Bedrooms | 69 | 71 | +2.9% |
Summary: The 33160 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 2.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 56 | -5.1% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33160, you may be able to get a good deal. 94.6% of homes here sold below asking price last month.
Summary: A total of 56 homes were sold or pending in 33160 in October 2024, down by 5.1% month-over-month. Of the 56 sold homes, 95% were sold under asking, 5% were sold at asking, and 0% were sold over asking.
Days on Market for 33160, FL
How long does it take to sell a home in 33160, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 109 Days | 88 Days | -18.9% |
Summary: Homes in 33160 had an average of 88 days on market in Oct 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 33160 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 56 homes were sold in 33160; 34% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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