Sorrento, FL Home Values & Market Trends

Real estate market trends reflect that there have been 148 transactions over the past year in Sorrento. The median value for residential home transactions that occurred over the previous year is $475,513.24. The number of current listings in Sorrento is 26, and the percentage of properties for sale in the city is 26.00%. Sorrento, FL currently has 14 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 26 properties for sale.

Sorrento, FL Real Estate Market Overview

ZipMedian Est. Value
32776

$ 479,851

$ 198/sqft

Housing Market Summary for Sorrento, FL

Mar 2023February 2024Change
Median Listing Price$672.5K$455.2K-32.31%
Median Sold Price$580.9K$455.2K-21.65%
Homes For Sale162025.00%
Homes Sold991001.01%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Sorrento, FL

Sorrento home values range from $29,566 to $5,594,559. The median estimated value of a home in Sorrento is $475,513.24. The median list price of a home is 560,000, and the total count of properties in the city is 3,032.

Foreclosure
There is 1 zips within Sorrento, FL; within this zips, the median estimated home value for homes in foreclosure ranges from $1,019,482 in 32776 to the lowest value of $175,978 in 32776. Foreclosure homes account for 0.00% of properties in Sorrento, FL with 32776 containing 23 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.40% of all residential properties in Sorrento, FL with 32776 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Sorrento, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,019,482 in 32776 to the lowest home value of $175,978 in 32776.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sorrento, FL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Sorrento, FL. There is 1 zips within Sorrento, FL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    32776 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Sorrento, FL. Auction homes and other auction properties account for 0.07% of all properties in Sorrento, FL. There is 1 zips within Sorrento, FL; of that zips, the median estimated home value for homes going to auction ranges from $465,934 in 32776 to the lowest value of $350,000 in 32776.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.86% of residential properties in Sorrento, FL with 32776 containing 33 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Sorrento, FL; homes for sale in that zips, have a range of median values from $1,350,000 in 32776 to the lowest value of $304,900 in 32776.
    Sold Homes
    The median value for recently sold homes ranges from $2,399,000 in 32776 to the lowest price of $29,630 in 32776. There is 1 zips within Sorrento, FL. 32776 has 130 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.10% of properties in Sorrento, FL.

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      Guide for Sorrento, FL

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      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Miami Real Estate Market Thrives: Property Values and Sales Grow in 2023
      Fix and Flip|posted 8 February 2024

      Miami’s real estate market is on an upward trend, with the average property value and selling price per square foot increasing from 2023 to 2024. The surrounding cities’ markets vary, with some offering more affordable options. The data suggests a healthy investment opportunity, especially in the high-demand for-sale market.

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Recently Listed Homes Sorrento, FL

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