Is 33480, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33480 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 33480 has remained a Buyer's Market.

Key Takeaway

33480 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33480, FL

How much do homes in 33480, FL cost?

Median Sold Price

$1,302,833

$807/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$211,833(+19.4%)

Key Takeaway

Homes in 33480 have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in 33480 was $1,302,833 in November 2024, up 19.4% from last year, and the median price per square foot was $807.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $375K$385K
+2.7%
2 $745K$962.5K
+29.2%
3 $2.5M$3.2M
+28.0%
4 $8.9M$9.7M
+8.6%
5+ $15.5M$16.8M
+8.7%

Summary: 33480 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Zip Codes

33480
+19.4%
33462
+3.4%
33460
0.0%
33404
-2.2%

Housing Supply in 33480, FL

How many homes are available in 33480, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
349423+21.2%

Summary: The 33480 real estate market had 423 homes for sale in November 2024, a 21.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 6163
+3.3%
2 158193
+22.2%
3 6984
+21.7%
4 2636
+38.5%
5+ 3547
+34.3%

Summary: The 33480 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes increased by 34.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33480, you may be able to get a good deal. 93.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 33480 in November 2024, up by 6.7% month-over-month. Of the 16 sold homes, 94% were sold under asking, 0% were sold at asking, and 6% were sold over asking.

Days on Market for 33480, FL

How long does it take to sell a home in 33480, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
108 Days119 Days+10.4%

Summary: Homes in 33480 had an average of 119 days on market in Nov 2024, up by 10.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33480 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 33480; 19% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 56% 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 33480, FL

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