Is 33897, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33897 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 33897 was a Seller's Market.

Key Takeaway

33897 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33897, FL

How much do homes in 33897, FL cost?

Median Sold Price

$378,691

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,491(+2.0%)

Key Takeaway

Homes in 33897 have sold for 2% more than they did a year ago.

Summary: The median home sold price in 33897 was $378,691 in November 2024, up 2% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $223.9K$226K
+0.9%
3 $315K$330K
+4.8%
4 $389.5K$380K
-2.4%
5+ $482.5K$500K
+3.6%

Summary: 33897 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Zip Codes

33896
+2.4%
33897
+2.0%
33868
-1.5%
33837
-4.0%
34747
-5.4%

Housing Supply in 33897, FL

How many homes are available in 33897, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
469482+2.8%

Summary: The 33897 real estate market had 482 homes for sale in November 2024, a 2.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2626
0.0%
3 127135
+6.3%
4 166172
+3.6%
5+ 150149
-0.7%

Summary: The 33897 housing inventory by bedroom type for November 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 increased by 3.6%, and 5+ bedroom homes decreased by 0.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4742-10.6%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33897, you may be able to get a good deal. 73.8% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in 33897 in November 2024, down by 10.6% month-over-month. Of the 42 sold homes, 74% were sold under asking, 17% were sold at asking, and 10% were sold over asking.

Days on Market for 33897, FL

How long does it take to sell a home in 33897, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days69 Days+1.9%

Summary: Homes in 33897 had an average of 69 days on market in Nov 2024, up by 1.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 33897 has remained consistent over time.

Summary: During November 2024, 42 homes were sold in 33897; 26% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 24% 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 33897, FL

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