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Featured local agent — South Bay, FL
Sarah Mitchell
Compass Real Estate · South Bay, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Bay, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$197,500median sale price
How is the South Bay, FL housing market right now?
The median home sale price in South Bay, FL is $197,500. Homes sell in an average of 58 days with 7 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is South Bay a buyer's or seller's market?
South Bay, FL is currently a leaning buyer's, based on 3.5 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
58
Average pace
Active listings
7
3.5 months supply
Sale-to-list
87.7%
Below asking
What does the South Bay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $197,500 |
| Median list price | $253,950 |
| Average days on market | 58 days |
| Active inventory | 7 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 87.7% |
| Median price per sq ft | $179/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 85.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in South Bay by property type?
How the South Bay, 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 | $197,500 | $179/sq ft | 2 | 58 days |
Source: Redfin · Updated monthly
The South Bay housing market is currently classified as a leaning buyer's with a median sale price of $197,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 58 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in South Bay
There are currently 7 homes listed for sale in South Bay, Florida. The median listing price is $254K.
Active listings
7
Homes on market
Median list price
$254K
Avg. days on market
58
Days until sale
New this week
2
Newly listed
Who lives in South Bay?
Population
4,828
Median income
$51,827/yr
Median age
38.1 years
Owner-occupied
60.2%
College grads
8.5%
Avg commute
36.4 min
Source: U.S. Census Bureau ACS
What are homes worth in South Bay?
Zillow home value
$230,109
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in South Bay?
South Bay is a community of approximately 5K residents with a median age of 38.1 years.The median household income is $51,827, which represents a working-class community with solid middle-income opportunities. 8.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.2%, showing a blend of owner and renter-occupied properties. The average commute time is 36.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, South Bay offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve South Bay?
1 schools tracked · 273 students
The largest public schools serving South Bay, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ROSENWALD ELEMENTARY SCHOOL
Grades PK-5 · 273 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near South Bay, FL?
Want a head-to-head view? Compare South Bay side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in South Bay?
The median home sale price in South Bay is $197,500, down 0.0% from last year.
How long do homes stay on market in South Bay?
Homes typically spend 58 days on market before going under contract.
What is the median income in South Bay?
The median household income is $51,827 per year.
Is South Bay a buyer's or seller's market?
With 3.5 months of supply, South Bay is currently a leaning buyer's.
What is the Zillow home value estimate for South Bay?
The Zillow Home Value Index (ZHVI) for South Bay is $230,109, representing the typical home value in the area.
How much does a single-family home cost in South Bay?
The median single-family home price in South Bay, FL is $197,500 (about $179 per square foot).
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