Is 33308, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33308 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33308 was a Seller's Market.

Key Takeaway

33308 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33308, FL

How much do homes in 33308, FL cost?

Median Sold Price

$550,000

$394/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,000(-2.7%)

Key Takeaway

Homes in 33308 have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in 33308 was $550,000 in October 2024, down 2.7% from last year, and the median price per square foot was $394.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $252.5K$220K
-12.9%
2 $510K$449.9K
-11.8%
3 $959K$865K
-9.8%
4 $999K$950K
-4.9%
5+ $2.8M$1.1M
-61.9%

Summary: 33308 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.9%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 61.9%.

Median Sold Price Compared To Nearby Zip Codes

33306
+50.2%
33060
+12.0%
33334
+5.8%
33308
-2.7%
33305
-4.0%

Housing Supply in 33308, FL

How many homes are available in 33308, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
241258+7.1%

Summary: The 33308 real estate market had 258 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4343
0.0%
2 105113
+7.6%
3 4953
+8.2%
4 2931
+6.9%
5+ 1518
+20.0%

Summary: The 33308 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 increased by 7.6%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1920+5.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33308, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 33308 in October 2024, up by 5.3% month-over-month. Of the 20 sold homes, 75% were sold under asking, 15% were sold at asking, and 10% were sold over asking.

Days on Market for 33308, FL

How long does it take to sell a home in 33308, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days85 Days+69.0%

Summary: Homes in 33308 had an average of 85 days on market in Oct 2024, up by 69% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33308 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 20 homes were sold in 33308; 30% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 45% 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 21 Days Ago

Newest Listings in 33308, FL

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