Is 33597, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33597 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33597 was a Seller's Market.

Key Takeaway

33597 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 33597, FL

How much do homes in 33597, FL cost?

Median Sold Price

$269,250

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,750(-11.7%)

Key Takeaway

Homes in 33597 have sold for 11.7% less than they did a year ago.

Summary: The median home sold price in 33597 was $269,250 in October 2024, down 11.7% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $157.2K$177.4K
+12.9%
2 $143K$173K
+21.0%
3 $330K$275K
-16.7%
4 $350K$375K
+7.1%
5+ $199K$625K
+214.1%

Summary: 33597 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 21%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 214.1%.

Median Sold Price Compared To Nearby Zip Codes

33513
+18.9%
33523
+1.0%
34602
-3.4%
33597
-11.7%

Housing Supply in 33597, FL

How many homes are available in 33597, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3132+3.2%

Summary: The 33597 real estate market had 32 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 77
0.0%
3 1617
+6.3%
4 65
-16.7%
5+ 01
+100.0%

Summary: The 33597 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 remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33597, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 33597 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for 33597, FL

How long does it take to sell a home in 33597, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
84 Days61 Days-27.6%

Summary: Homes in 33597 had an average of 61 days on market in Oct 2024, down by 27.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33597 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 5 homes were sold in 33597; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% 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 14 Days Ago

Newest Listings in 33597, FL

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