Is 33916, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33916 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 33916 was a Seller's Market.

Key Takeaway

33916 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33916, FL

How much do homes in 33916, FL cost?

Median Sold Price

$285,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$13,000(-4.4%)

Key Takeaway

Homes in 33916 have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in 33916 was $285,000 in November 2024, down 4.4% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $160K$126.5K
-20.9%
2 $325K$220K
-32.3%
3 $287K$284.9K
-0.7%
4 $388.5K$364.7K
-6.1%
5+ $365K$485K
+32.9%

Summary: 33916 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.9%, 2 bedroom homes decreased by 32.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 32.9%.

Median Sold Price Compared To Nearby Zip Codes

33966
+6.5%
33901
+0.8%
33917
0.3%
33905
-1.2%
33916
-4.4%

Housing Supply in 33916, FL

How many homes are available in 33916, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
201220+9.5%

Summary: The 33916 real estate market had 220 homes for sale in November 2024, a 9.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1314
+7.7%
2 5355
+3.8%
3 99104
+5.1%
4 2636
+38.5%
5+ 1011
+10.0%

Summary: The 33916 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33916, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 33916 in November 2024, up by 6.3% month-over-month. Of the 17 sold homes, 71% were sold under asking, 18% were sold at asking, and 12% were sold over asking.

Days on Market for 33916, FL

How long does it take to sell a home in 33916, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
60 Days59 Days-2.7%

Summary: Homes in 33916 had an average of 59 days on market in Nov 2024, down by 2.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 33916 has remained consistent over time.

Summary: During November 2024, 17 homes were sold in 33916; 29% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 12% 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 33916, FL

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