Is 33404, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33404 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33404 was a Seller's Market.

Key Takeaway

33404 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33404, FL

How much do homes in 33404, FL cost?

Median Sold Price

$402,850

$311/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,620(-6.0%)

Key Takeaway

Homes in 33404 have sold for 6% less than they did a year ago.

Summary: The median home sold price in 33404 was $402,850 in October 2024, down 6% from last year, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $275K$265K
-3.6%
2 $570K$549.5K
-3.6%
3 $348.3K$347.4K
-0.3%
4 $377K$395K
+4.8%
5+ $530K$423K
-20.2%

Summary: 33404 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 20.2%.

Median Sold Price Compared To Nearby Zip Codes

33408
+11.9%
33410
+8.2%
33403
+6.7%
33407
+3.9%
33404
-6.0%

Housing Supply in 33404, FL

How many homes are available in 33404, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
300342+14.0%

Summary: The 33404 real estate market had 342 homes for sale in October 2024, a 14.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1516
+6.7%
2 163180
+10.4%
3 92107
+16.3%
4 1925
+31.6%
5+ 1114
+27.3%

Summary: The 33404 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2519-24.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33404, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 33404 in October 2024, down by 24.0% month-over-month. Of the 19 sold homes, 63% were sold under asking, 32% were sold at asking, and 5% were sold over asking.

Days on Market for 33404, FL

How long does it take to sell a home in 33404, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days63 Days+39.2%

Summary: Homes in 33404 had an average of 63 days on market in Oct 2024, up by 39.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33404 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 19 homes were sold in 33404; 53% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 21% 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 33404, FL

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