Is 33511, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33511 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 33511 has remained a Seller's Market.

Key Takeaway

33511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 33511, FL

How much do homes in 33511, FL cost?

Median Sold Price

$377,367

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,442(+0.9%)

Key Takeaway

Homes in 33511 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 33511 was $377,367 in October 2024, up 0.9% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $142K$141K
-0.7%
2 $241K$234.4K
-2.7%
3 $343K$363.3K
+5.9%
4 $430K$435K
+1.2%
5+ $702.5K$732K
+4.2%

Summary: 33511 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

33569
+5.4%
33594
+1.0%
33511
+0.9%
33596
+0.9%
33510
-0.1%

Housing Supply in 33511, FL

How many homes are available in 33511, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
219217-0.9%

Summary: The 33511 real estate market had 217 homes for sale in October 2024, a 0.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 3138
+22.6%
3 9895
-3.1%
4 7170
-1.4%
5+ 1813
-27.8%

Summary: The 33511 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.6%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 27.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4239-7.1%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33511, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 33511 in October 2024, down by 7.1% month-over-month. Of the 39 sold homes, 67% were sold under asking, 23% were sold at asking, and 10% were sold over asking.

Days on Market for 33511, FL

How long does it take to sell a home in 33511, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days46 Days+33.4%

Summary: Homes in 33511 had an average of 46 days on market in Oct 2024, up by 33.4% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33511 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 39 homes were sold in 33511; 56% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 23% 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 33511, FL

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