Is 33617, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33617 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33617 was a Seller's Market.

Key Takeaway

33617 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33617, FL

How much do homes in 33617, FL cost?

Median Sold Price

$286,233

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,900(+15.3%)

Key Takeaway

Homes in 33617 have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in 33617 was $286,233 in October 2024, up 15.3% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$115K
-4.2%
2 $189.9K$190K
0.1%
3 $299.9K$310.9K
+3.7%
4 $460K$472.5K
+2.7%
5+ $460K$505K
+9.8%

Summary: 33617 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Zip Codes

33617
+15.3%
33637
+12.7%
33604
+6.1%
33610
0.0%

Housing Supply in 33617, FL

How many homes are available in 33617, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
188185-1.6%

Summary: The 33617 real estate market had 185 homes for sale in October 2024, a 1.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1416
+14.3%
2 6364
+1.6%
3 6857
-16.2%
4 3236
+12.5%
5+ 1112
+9.1%

Summary: The 33617 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2226+18.2%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33617, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 33617 in October 2024, up by 18.2% month-over-month. Of the 26 sold homes, 65% were sold under asking, 15% were sold at asking, and 19% were sold over asking.

Days on Market for 33617, FL

How long does it take to sell a home in 33617, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days38 Days+18.9%

Summary: Homes in 33617 had an average of 38 days on market in Oct 2024, up by 18.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33617 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in 33617; 62% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 12% 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 33617, FL

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