Housing Prices in South Bay, FL
How much do homes in South Bay, FL cost?
Median List Price
$220,500
$194/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in South Bay has increased by 10.3% since last year.
Summary: The median home list price in South Bay was $220,500 in March 2024, up 10.3% from the previous year, and the median price per square foot was $194.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $174.9K | +25.0% |
| 3 Bedrooms | $199.9K | $207K | +3.6% |
| 4 Bedrooms | $228K | $289.5K | +27.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: South Bay housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 27%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| South Bay | $199.9K | $220.5K | +10.3% |
| Belle Glade-Pahokee | $226.5K | $217.4K | -4.0% |
Housing Supply in South Bay, FL
How many homes are available in South Bay, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The South Bay real estate market had 7 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Bay housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 178 Days | 93 Days | -47.7% |
Summary: Homes in South Bay had an average listing age of 93 days in Mar 2024, down by 47.7% compared to the previous year.
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