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 November 2023

Since last year, 33401 has remained a Buyer'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

$489,333

$427/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,333(+8.7%)

Key Takeaway

Homes in 33401 have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in 33401 was $489,333 in November 2024, up 8.7% from last year, and the median price per square foot was $427.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $349K$324.7K
-6.9%
2 $475K$506.2K
+6.6%
3 $610K$958.5K
+57.1%
4 $1.0M$1.2M
+19.1%
5+ $1.8M$4.0M
+122.2%

Summary: 33401 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 122.2%.

Median Sold Price Compared To Nearby Zip Codes

33480
+19.4%
33409
+11.3%
33401
+8.7%
33407
+7.0%
33405
0.5%

Housing Supply in 33401, FL

How many homes are available in 33401, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
441505+14.5%

Summary: The 33401 real estate market had 505 homes for sale in November 2024, a 14.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 8994
+5.6%
2 212246
+16.0%
3 99114
+15.2%
4 3135
+12.9%
5+ 1016
+60.0%

Summary: The 33401 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2616-38.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were 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. 87.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 33401 in November 2024, down by 38.5% month-over-month. Of the 16 sold homes, 88% were sold under asking, 13% 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

Nov 2023Nov 2024CHANGE
56 Days91 Days+64.0%

Summary: Homes in 33401 had an average of 91 days on market in Nov 2024, up by 64% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33401 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 16 homes were sold in 33401; 31% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 44% 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

Newest Listings in 33401, FL

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