Housing Prices in South Bay, FL
How much do homes in South Bay, FL cost?
Median List Price
$227,000
$196/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in South Bay was $227,000 in May 2024, up 9.4% from the previous year, and the median price per square foot was $196.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $140K | $174.9K | +25.0% |
3 Bedrooms | $215K | $229K | +6.5% |
4 Bedrooms | $213.9K | $289.5K | +35.3% |
5+ Bedrooms | - | - | N/A |
Summary: South Bay housing prices by bedroom type for May 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 6.5%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
South Bay | $207.4K | $227K | +9.4% |
Belle Glade-Pahokee | $225K | $225K | 0.0% |
Housing Supply in South Bay, FL
How many homes are available in South Bay, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Summary: The South Bay real estate market had 6 homes for sale in May 2024, a 14.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Bay housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, 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
May 2023 | May 2024 | CHANGE |
---|---|---|
142 Days | 105 Days | -25.9% |
Summary: Homes in South Bay had an average listing age of 105 days in May 2024, down by 25.9% compared to the previous year.