Is 33162, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33162 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 33162 has remained a Buyer's Market.

Key Takeaway

33162 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33162, FL

How much do homes in 33162, FL cost?

Median Sold Price

$425,000

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,025(+0.7%)

Key Takeaway

Homes in 33162 have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in 33162 was $425,000 in October 2024, up 0.7% from last year, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$118.2K
-18.4%
2 $240K$227.5K
-5.2%
3 $485K$507.5K
+4.6%
4 $555K$557K
0.4%
5+ $965K$770K
-20.2%

Summary: 33162 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 20.2%.

Median Sold Price Compared To Nearby Zip Codes

33160
+27.8%
33161
+14.4%
33179
+9.4%
33169
+6.8%
33162
+0.7%

Housing Supply in 33162, FL

How many homes are available in 33162, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
184199+8.2%

Summary: The 33162 real estate market had 199 homes for sale in October 2024, a 8.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4956
+14.3%
2 3942
+7.7%
3 6566
+1.5%
4 2530
+20.0%
5+ 65
-16.7%

Summary: The 33162 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1314+7.7%

Asking Price vs. Sold Price

9 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 33162, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 33162 in October 2024, up by 7.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.

Days on Market for 33162, FL

How long does it take to sell a home in 33162, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days94 Days+97.5%

Summary: Homes in 33162 had an average of 94 days on market in Oct 2024, up by 97.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 33162 has remained consistent over time.

Summary: During October 2024, 14 homes were sold in 33162; 29% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% 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 4 Days Ago

Newest Listings in 33162, FL

Nearby Markets to 33162, FL