Is 33647, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33647 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33647 was a Seller's Market.

Key Takeaway

33647 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 33647, FL

How much do homes in 33647, FL cost?

Median Sold Price

$492,595

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,595(+5.9%)

Key Takeaway

Homes in 33647 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 33647 was $492,595 in October 2024, up 5.9% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170.9K$165K
-3.5%
2 $238K$235K
-1.3%
3 $391.6K$409.5K
+4.6%
4 $570K$572.5K
0.4%
5+ $650K$692.5K
+6.5%

Summary: 33647 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Zip Codes

33637
+12.7%
33613
+8.9%
33647
+5.9%
33559
+3.5%
33592
+0.7%

Housing Supply in 33647, FL

How many homes are available in 33647, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4044060.5%

Summary: The 33647 real estate market had 406 homes for sale in October 2024, a 0.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1011
+10.0%
2 6970
+1.4%
3 112110
-1.8%
4 137135
-1.5%
5+ 7680
+5.3%

Summary: The 33647 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 5.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4763+34.0%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33647, you may be able to get a good deal. 74.6% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in 33647 in October 2024, up by 34.0% month-over-month. Of the 63 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.

Days on Market for 33647, FL

How long does it take to sell a home in 33647, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days61 Days+99.0%

Summary: Homes in 33647 had an average of 61 days on market in Oct 2024, up by 99% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 33647 has remained consistent over time.

Summary: During October 2024, 63 homes were sold in 33647; 30% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 22% 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 33647, FL

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