Balm, FL

Buyer's market-12.6% YoY

Housing market overview · Updated weekly

$314,500median sale price

Homes sold

5

Last 12 weeks

Days on market

45

Average pace

Active listings

51

10.2 months supply

Sale-to-list

99.2%

Below asking

The Balm housing market is currently classified as a buyer's market with a median sale price of $314,500. Prices have fallen 12.6% compared to last year, with homes spending an average of 45 days on market, indicating 10.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Balm

There are currently 51 homes listed for sale in Balm, Florida. The median listing price is $380K.

Active listings

51

Homes on market

Median list price

$380K

Avg. days on market

45

Days until sale

New this week

27

Newly listed

Price drops:29.4%of listings
Sale-to-list:99.2%

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Frequently asked questions

What is the average home price in Balm?

The median home sale price in Balm is $314,500, down 12.6% from last year.

How long do homes stay on market in Balm?

Homes typically spend 45 days on market before going under contract.

Is Balm a buyer's or seller's market?

With 10.2 months of supply, Balm is currently a buyer's market.

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