Is 33431, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33431 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 33431 was a Seller's Market.

Key Takeaway

33431 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33431, FL

How much do homes in 33431, FL cost?

Median Sold Price

$650,000

$429/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+6.6%)

Key Takeaway

Homes in 33431 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 33431 was $650,000 in November 2024, up 6.6% from last year, and the median price per square foot was $429.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $270K$294K
+8.9%
2 $410K$510K
+24.4%
3 $662.5K$665K
0.4%
4 $849.5K$1.3M
+58.9%
5+ $3.1M$3.7M
+16.3%

Summary: 33431 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 24.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 58.9%, and 5+ bedroom homes increased by 16.3%.

Median Sold Price Compared To Nearby Zip Codes

33432
+43.8%
33496
+19.7%
33487
+17.0%
33486
+11.9%
33431
+6.6%

Housing Supply in 33431, FL

How many homes are available in 33431, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
182197+8.2%

Summary: The 33431 real estate market had 197 homes for sale in November 2024, a 8.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1111
0.0%
2 8795
+9.2%
3 4547
+4.4%
4 1821
+16.7%
5+ 2123
+9.5%

Summary: The 33431 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2211-50.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33431, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 33431 in November 2024, down by 50.0% month-over-month. Of the 11 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 33431, FL

How long does it take to sell a home in 33431, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
74 Days21 Days-71.0%

Summary: Homes in 33431 had an average of 21 days on market in Nov 2024, down by 71% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33431 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 33431; 82% of homes were sold within 30 days, 9% 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 17 Days Ago

Newest Listings in 33431, FL

Nearby Markets to 33431, FL