$59,000
0.16 Acres
Land
Samih Sadiq, Listing Office: KELLY RIGHT REAL ESTATE
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
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $225K | +60.7% |
| 3 Bedrooms | $199.9K | $289K | +44.6% |
| 4 Bedrooms | $220K | $250.5K | +13.9% |
| 5+ Bedrooms | - | - | 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 | $199.9K | $264.5K | +32.3% |
| Belle Glade-Pahokee | $229K | $275K | +20.1% |
Housing Supply in South Bay, FL
How many homes are available in South Bay, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -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
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 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 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 116 Days | 156 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.
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