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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33647 is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

33647 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33647, FL

How much do homes in 33647, FL cost?

Median Sold Price

$485,991

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,682(+3.3%)

Key Takeaway

Homes in 33647 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 33647 was $485,991 in November 2024, up 3.3% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $173K$165K
-4.6%
2 $235K$235K
0.0%
3 $395K$403.7K
+2.2%
4 $573.7K$570K
-0.7%
5+ $653.7K$697.5K
+6.7%

Summary: 33647 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Zip Codes

33637
+11.5%
33613
+9.8%
33592
+7.5%
33559
+3.5%
33647
+3.3%

Housing Supply in 33647, FL

How many homes are available in 33647, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
394380-3.6%

Summary: The 33647 real estate market had 380 homes for sale in November 2024, a 3.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1213
+8.3%
2 6767
0.0%
3 112111
-0.9%
4 132115
-12.9%
5+ 7174
+4.2%

Summary: The 33647 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 4.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6941-40.6%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

2 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. 70.7% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in 33647 in November 2024, down by 40.6% month-over-month. Of the 41 sold homes, 71% were sold under asking, 24% were sold at asking, and 5% 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

Nov 2023Nov 2024CHANGE
34 Days64 Days+86.4%

Summary: Homes in 33647 had an average of 64 days on market in Nov 2024, up by 86.4% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33647 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 41 homes were sold in 33647; 44% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 29% 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 22 Days Ago

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