Is 33702, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33702 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33702 was a Seller's Market.

Key Takeaway

33702 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33702, FL

How much do homes in 33702, FL cost?

Median Sold Price

$342,525

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,474(-3.5%)

Key Takeaway

Homes in 33702 have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in 33702 was $342,525 in October 2024, down 3.5% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $143K$131.5K
-8.0%
2 $242K$230K
-5.0%
3 $437K$430K
-1.6%
4 $527.5K$599K
+13.6%
5+ $887.5K$802.5K
-9.6%

Summary: 33702 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 9.6%.

Median Sold Price Compared To Nearby Zip Codes

33716
+5.4%
33782
+4.3%
33714
+3.6%
33703
+2.4%
33702
-3.5%

Housing Supply in 33702, FL

How many homes are available in 33702, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
198220+11.1%

Summary: The 33702 real estate market had 220 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3839
+2.6%
2 6376
+20.6%
3 7583
+10.7%
4 1818
0.0%
5+ 44
0.0%

Summary: The 33702 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24240.0%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33702, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 33702 in October 2024, the same as the previous month. Of the 24 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.

Days on Market for 33702, FL

How long does it take to sell a home in 33702, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days71 Days+131.3%

Summary: Homes in 33702 had an average of 71 days on market in Oct 2024, up by 131.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33702 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 24 homes were sold in 33702; 38% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 42% 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 17 Days Ago

Newest Listings in 33702, FL

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