Is 33160, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33160 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 33160 has remained a Buyer'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

$705,000

$480/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$155,300(+28.3%)

Key Takeaway

Homes in 33160 have sold for 28.3% more than they did a year ago.

Summary: The median home sold price in 33160 was $705,000 in November 2024, up 28.3% from last year, and the median price per square foot was $480.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $269.6K$270K
0.1%
2 $480K$490.6K
+2.2%
3 $1.6M$1.6M
+1.5%
4 $3.3M$3.6M
+10.6%
5+ $6.3M$5.1M
-18.7%

Summary: 33160 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 18.7%.

Median Sold Price Compared To Nearby Zip Codes

33160
+28.3%
33154
+6.3%
33162
+1.2%
33180
0.3%
33181
-4.3%

Housing Supply in 33160, FL

How many homes are available in 33160, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,4631,628+11.3%

Summary: The 33160 real estate market had 1,628 homes for sale in November 2024, a 11.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 308348
+13.0%
2 567635
+12.0%
3 378415
+9.8%
4 143149
+4.2%
5+ 6781
+20.9%

Summary: The 33160 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 20.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7155-22.5%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33160, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in 33160 in November 2024, down by 22.5% month-over-month. Of the 55 sold homes, 91% were sold under asking, 7% were sold at asking, and 2% 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

Nov 2023Nov 2024CHANGE
101 Days101 Days0.3%

Summary: Homes in 33160 had an average of 101 days on market in Nov 2024, up by 0.3% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

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 November 2024, 55 homes were sold in 33160; 29% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 40% 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 22 Days Ago

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