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Featured local agent — Balm, FL
Sarah Mitchell
Compass Real Estate · Balm, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Balm, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$348,000median sale price
How is the Balm, FL housing market right now?
The median home sale price in Balm, FL is $348,000, down 6.2% year-over-year. Homes sell in an average of 46 days with 46 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Balm a buyer's or seller's market?
Balm, FL is currently a seller's market, based on 2.7 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
46
Average pace
Active listings
46
2.7 months supply
Sale-to-list
99.5%
Below asking
What does the Balm housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $348,000 |
| Median list price | $368,965 |
| Year-over-year price change | -6.2% |
| Average days on market | 46 days |
| Active inventory | 46 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $169/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 13 |
| Listings with a price cut | 45.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Balm by property type?
How the Balm, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $348,000 | $169/sq ft | 17 | 46 days |
Source: Redfin · Updated monthly
The Balm housing market is currently classified as a seller's market with a median sale price of $348,000. Prices have fallen 6.2% compared to last year, with homes spending an average of 46 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Balm
There are currently 46 homes listed for sale in Balm, Florida. The median listing price is $369K.
Active listings
46
Homes on market
Median list price
$369K
Avg. days on market
46
Days until sale
New this week
13
Newly listed
Who lives in Balm?
Population
5,362
Median income
$104,347/yr
Median age
33.5 years
Owner-occupied
86.5%
College grads
24.2%
Avg commute
37.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Balm?
Balm is a community of approximately 5K residents with a median age of 33.5 years.The median household income is $104,347, which reflects a relatively affluent area with strong earning potential. 24.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Balm offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Balm, FL?
Want a head-to-head view? Compare Balm side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Balm?
The median home sale price in Balm is $348,000, down 6.2% from last year.
How long do homes stay on market in Balm?
Homes typically spend 46 days on market before going under contract.
What is the median income in Balm?
The median household income is $104,347 per year.
Is Balm a buyer's or seller's market?
With 2.7 months of supply, Balm is currently a seller's market.
How much does a single-family home cost in Balm?
The median single-family home price in Balm, FL is $348,000 (about $169 per square foot).
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