Housing Prices in South Bay, FL

How much do homes in South Bay, FL cost?

Median List Price

$264,500

$215/sqft

Based on all homes listed in the last 12 months.

Difference Since September 2023

+$64,600(+32.3%)

Key Takeaway

The list price of homes in South Bay has increased by 32.3% since last year.

Summary: The median home list price in South Bay was $264,500 in September 2024, up 32.3% from the previous year, and the median price per square foot was $215.

Median List Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $140K$225K
+60.7%
3 $199.9K$289K
+44.6%
4 $220K$250.5K
+13.9%
5+ --
N/A

Summary: South Bay housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 60.7%, 3 bedroom homes increased by 44.6%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

South Bay
+32.3%
Belle Glade-Pahokee
+20.1%

Housing Supply in South Bay, FL

How many homes are available in South Bay, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
43-25.0%

Summary: The South Bay real estate market had 3 homes for sale in September 2024, a 25.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The South Bay housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for South Bay, FL

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

Average Listing Age

Sep 2023Sep 2024CHANGE
116 Days156 Days+34.2%

Summary: Homes in South Bay had an average listing age of 156 days in Sep 2024, up by 34.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in South Bay, FL

Nearby Markets to South Bay, FL

What housing markets are near South Bay, FL?