South Bay, FL Home Values & Market Trends
Real estate market trends reflect that there have been 18 transactions over the past year in South Bay. The median value for residential home transactions that occurred over the previous year is $218,394.2. The number of current listings in South Bay is 2, and the percentage of properties for sale in the city is 2.00%. South Bay, FL currently has 10 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 2 properties for sale.
South Bay, FL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 33493 | $ 181,131 $ 164/sqft |
Housing Market Summary for South Bay, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $155K | $202.8K | 30.82% |
| Median Sold Price | $163.2K | $202.8K | 24.25% |
| Homes For Sale | 3 | 1 | -66.67% |
| Homes Sold | 24 | 12 | -50.00% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in South Bay, FL
Browse Homes in South Bay, FL
South Bay home values range from $24,490 to $1,054,000. The median estimated value of a home in South Bay is $218,394.2. The median list price of a home is 249,500, and the total count of properties in the city is 673.
- Pre-ForeclosurePre-foreclosure homes account for 1.34% of all residential properties in South Bay, FL with 33493 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within South Bay, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $401,426 in 33493 to the lowest home value of $135,781 in 33493.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in South Bay, 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 South Bay, FL. There is 1 zips within South Bay, FL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions33493 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of South Bay, FL. Auction homes and other auction properties account for 0.15% of all properties in South Bay, FL. There is 1 zips within South Bay, FL; of that zips, the median estimated home value for homes going to auction ranges from $524,279 in 33493 to the lowest value of $524,279 in 33493.
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Guide for South Bay, FL
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