$18,000
1.28 Acres
Land
Anne Lazzari, Listing Office: WESTLAKE REAL ESTATE CO., INC.
Is 33898, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 33898 was a Seller's Market.
Key Takeaway
33898 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33898, FL
How much do homes in 33898, FL cost?
Median Sold Price
$272,812
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,812(+21.3%)
Key Takeaway
Homes in 33898 have sold for 21.3% more than they did a year ago.
Summary: The median home sold price in 33898 was $272,812 in October 2024, up 21.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87K | $93K | +6.9% |
| 2 Bedrooms | $156.7K | $165K | +5.3% |
| 3 Bedrooms | $294K | $301.8K | +2.7% |
| 4 Bedrooms | $357.5K | $328K | -8.2% |
| 5+ Bedrooms | $387.5K | $305K | -21.3% |
Summary: 33898 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 21.3%.
Median Sold Price Compared To Nearby Zip Codes
| 33898 | $225K | $272.8K | +21.3% |
| 33853 | $237K | $239K | +0.8% |
Housing Supply in 33898, FL
How many homes are available in 33898, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 176 | 179 | +1.7% |
Summary: The 33898 real estate market had 179 homes for sale in October 2024, a 1.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 34 | 34 | 0.0% |
| 3 Bedrooms | 88 | 84 | -4.5% |
| 4 Bedrooms | 39 | 44 | +12.8% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 33898 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33898, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 33898 in October 2024, down by 20.0% month-over-month. Of the 16 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 33898, FL
How long does it take to sell a home in 33898, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 72 Days | +89.6% |
Summary: Homes in 33898 had an average of 72 days on market in Oct 2024, up by 89.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33898 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in 33898; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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