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Featured local agent — The Hammocks, FL
Sarah Mitchell
Compass Real Estate · The Hammocks, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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The Hammocks, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$590,000median sale price
How is the The Hammocks, FL housing market right now?
The median home sale price in The Hammocks, FL is $590,000, up 6.3% year-over-year. Homes sell in an average of 77 days with 173 active listings. The market is currently a leaning buyer's. (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 The Hammocks a buyer's or seller's market?
The Hammocks, FL is currently a leaning buyer's, based on 4.9 months of supply and homes selling in about 77 days. How we determine this →
Homes sold
35
Last 12 weeks
Days on market
77
Average pace
Active listings
173
4.9 months supply
Sale-to-list
97.8%
Below asking
What does the The Hammocks housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $590,000 |
| Median list price | $587,000 |
| Year-over-year price change | +6.3% |
| Average days on market | 77 days |
| Active inventory | 173 listings |
| Months of supply | 4.9 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $340/sq ft |
| Homes sold (latest month) | 35 |
| New listings (latest month) | 48 |
| Listings with a price cut | 16.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in The Hammocks by property type?
How the The Hammocks, 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 | $630,000 | $356/sq ft | 25 | 91 days |
| Condo / Co-op | $295,000 | $274/sq ft | 5 | 47 days |
| Townhouse | $455,000 | $306/sq ft | 5 | 72 days |
Source: Redfin · Updated monthly
The The Hammocks housing market is currently classified as a leaning buyer's with a median sale price of $590,000. Prices have risen 6.3% compared to last year, with homes spending an average of 77 days on market, indicating 4.9 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 6.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in The Hammocks
There are currently 173 homes listed for sale in The Hammocks, Florida. The median listing price is $587K.
Active listings
173
Homes on market
Median list price
$587K
Avg. days on market
77
Days until sale
New this week
48
Newly listed
Who lives in The Hammocks?
Population
58,548
Median income
$83,253/yr
Median age
41 years
Owner-occupied
61.2%
College grads
37.0%
Avg commute
34.2 min
Source: U.S. Census Bureau ACS
What are homes worth in The Hammocks?
Zillow home value
$535,006
Zillow rent index
$2,468/mo
Price-to-rent ratio
18.1x
Price-to-income
6.4x
Source: Zillow Research
What is it like to live in The Hammocks?
The Hammocks is a community of approximately 59K residents with a median age of 41 years.The median household income is $83,253, which reflects a relatively affluent area with strong earning potential. 37.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.2%, showing a blend of owner and renter-occupied properties. The average commute time is 34.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, The Hammocks offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near The Hammocks, FL?
Want a head-to-head view? Compare The Hammocks side-by-side with any other U.S. city using our market-comparison tool.
Is The Hammocks a good real estate investment market?
For investors evaluating The Hammocks, the price-to-rent ratio of 18.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on The Hammocks's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using The Hammocks's median home price.
Frequently asked questions
What is the average home price in The Hammocks?
The median home sale price in The Hammocks is $590,000, up 6.3% from last year.
How long do homes stay on market in The Hammocks?
Homes typically spend 77 days on market before going under contract.
What is the median income in The Hammocks?
The median household income is $83,253 per year.
Is The Hammocks a buyer's or seller's market?
With 4.9 months of supply, The Hammocks is currently a leaning buyer's.
What is the Zillow home value estimate for The Hammocks?
The Zillow Home Value Index (ZHVI) for The Hammocks is $535,006, representing the typical home value in the area.
What is the median condo price in The Hammocks?
The median condo/co-op sale price in The Hammocks, FL is $295,000, compared to $630,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in The Hammocks?
The median single-family home price in The Hammocks, FL is $630,000 (about $356 per square foot).
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