33896 Housing Market Snapshot
Key Insights from April 2025 Data
Market at a Glance
A quick overview of the current housing market conditions in ZIP code 33896 based on the latest available data.
Median Sale Price
$375,000
▼ 9.42% YoY
Homes Sold (April 2025)
141
▼ 50.0% YoY
Median Days on Market
94
▲ 37 days YoY
Current Inventory
805
Homes for Sale
Pricing Deep Dive
Examining year-over-year price changes and how asking prices compare to final sale prices.
Price Changes YoY (April 2025)
This chart illustrates the percentage change in median sale and listing prices compared to the previous year, highlighting a general cooling in the market.
Sale-to-List Price Ratio (96.4%)
On average, homes sold for 96.4% of their final listing price, meaning most sales occurred slightly below asking.
Sales Volume & Market Speed
A look at how many homes are selling and how quickly, alongside overall market competitiveness.
Homes Sold: April 2025 vs April 2024
The number of homes sold in April 2025 saw a significant decrease compared to the same month in the previous year.
Market Competitiveness
Redfin Compete Score: 34/100 ("Somewhat Competitive")
Homes average about 3% below list price and go pending in around 67 days. Some homes still receive multiple offers.
Homes Sold Above vs. At/Below List Price
Only a small fraction of homes sold above the asking price, a decrease from last year.
Current Market Type: Buyer's Market
The data indicates that 33896 is currently a buyer's market. This means there's more supply than demand, giving buyers more negotiating power.
Key supporting factors include declining median sale and listing prices, a significant increase in median days on market, a substantial drop in homes sold year-over-year, and homes generally selling below their asking price.
Rental Market Snapshot (Davenport Area)
A brief overview of rental trends in the broader Davenport area, which includes ZIP code 33896. Data as of April 30, 2025.
Average Rent (Davenport Area)
$2,020
per month
Rental Price Changes
The rental market shows slight increases both month-over-month and year-over-year.
Environmental Risk Factors in 33896
It's important for residents and potential buyers to be aware of local environmental risks.
Flood Risk: Minor
6% of properties are at risk of severe flooding over the next 30 years.
Fire Risk: Moderate
99% of properties are at risk of wildfire over the next 30 years.
Wind Risk: Extreme
100% of properties are at extreme risk of severe wind events (e.g., hurricanes) over the next 30 years.