Is 33401, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33401 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33401 was a Seller's Market.

Key Takeaway

33401 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33401, FL

How much do homes in 33401, FL cost?

Median Sold Price

$484,437

$426/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,459(+7.7%)

Key Takeaway

Homes in 33401 have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in 33401 was $484,437 in October 2024, up 7.7% from last year, and the median price per square foot was $426.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $347.3K$311.2K
-10.4%
2 $470K$510K
+8.5%
3 $625K$952K
+52.3%
4 $980K$1.3M
+37.8%
5+ $1.8M$4.0M
+116.2%

Summary: 33401 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 52.3%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes increased by 116.2%.

Median Sold Price Compared To Nearby Zip Codes

33480
+31.7%
33405
+13.5%
33409
+11.7%
33401
+7.7%
33407
+3.9%

Housing Supply in 33401, FL

How many homes are available in 33401, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
405473+16.8%

Summary: The 33401 real estate market had 473 homes for sale in October 2024, a 16.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 8596
+12.9%
2 195227
+16.4%
3 84103
+22.6%
4 3437
+8.8%
5+ 710
+42.9%

Summary: The 33401 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2520-20.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33401, you may be able to get a good deal. 95% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 33401 in October 2024, down by 20.0% month-over-month. Of the 20 sold homes, 95% were sold under asking, 5% were sold at asking, and 0% were sold over asking.

Days on Market for 33401, FL

How long does it take to sell a home in 33401, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days90 Days+64.6%

Summary: Homes in 33401 had an average of 90 days on market in Oct 2024, up by 64.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 33401 has remained consistent over time.

Summary: During October 2024, 20 homes were sold in 33401; 20% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 30% 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 33401, FL

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