Is 33904, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33904 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33904 was a Seller's Market.

Key Takeaway

33904 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33904, FL

How much do homes in 33904, FL cost?

Median Sold Price

$394,467

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,782(-1.7%)

Key Takeaway

Homes in 33904 have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in 33904 was $394,467 in October 2024, down 1.7% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $174.5K$142K
-18.6%
2 $299.9K$277.7K
-7.4%
3 $443.8K$415.3K
-6.4%
4 $520K$465K
-10.6%
5+ $555K$725K
+30.6%

Summary: 33904 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.6%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 30.6%.

Median Sold Price Compared To Nearby Zip Codes

33901
+1.4%
33904
-1.7%
33919
-3.2%
33914
-5.2%
33990
-5.5%

Housing Supply in 33904, FL

How many homes are available in 33904, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
681699+2.6%

Summary: The 33904 real estate market had 699 homes for sale in October 2024, a 2.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 76
-14.3%
2 197216
+9.6%
3 344350
+1.7%
4 10098
-2.0%
5+ 3329
-12.1%

Summary: The 33904 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 12.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6856-17.6%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33904, you may be able to get a good deal. 76.8% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in 33904 in October 2024, down by 17.6% month-over-month. Of the 56 sold homes, 77% were sold under asking, 20% were sold at asking, and 4% were sold over asking.

Days on Market for 33904, FL

How long does it take to sell a home in 33904, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days86 Days+34.9%

Summary: Homes in 33904 had an average of 86 days on market in Oct 2024, up by 34.9% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33904 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 56 homes were sold in 33904; 34% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 36% 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 13 Days Ago

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