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 4 Days Ago

Newest Listings in 33511, FL

Nearby Markets to 33511, FL