Is 33168, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33168 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33168 was a Seller's Market.

Key Takeaway

33168 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 33168, FL

How much do homes in 33168, FL cost?

Median Sold Price

$499,999

$381/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,999(+8.7%)

Key Takeaway

Homes in 33168 have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in 33168 was $499,999 in October 2024, up 8.7% from last year, and the median price per square foot was $381.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $217.5K-
N/A
2 $381.2K$417K
+9.4%
3 $459K$500K
+8.9%
4 $545K$530K
-2.8%
5+ $495K$620K
+25.3%

Summary: 33168 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 25.3%.

Median Sold Price Compared To Nearby Zip Codes

33167
+16.0%
33161
+14.4%
33168
+8.7%
33169
+6.8%
33150
+6.7%

Housing Supply in 33168, FL

How many homes are available in 33168, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7266-8.3%

Summary: The 33168 real estate market had 66 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1413
-7.1%
3 4238
-9.5%
4 1213
+8.3%
5+ 42
-50.0%

Summary: The 33168 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33168, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 33168 in October 2024, down by 31.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for 33168, FL

How long does it take to sell a home in 33168, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days33 Days+117.6%

Summary: Homes in 33168 had an average of 33 days on market in Oct 2024, up by 117.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33168 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 33168; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 33168, FL

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