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Okeechobee Times

Monday, April 21, 2025

South Bay home prices rise in the first half of 2019

Webp re 4

The median sale price of a home sold in the first half of 2019 in South Bay rose by $5,000 while total sales increased by 11.1%, according to BlockShopper.com.

From January through June of 2019, there were 10 homes sold, with a median sale price of $60,000 - a 9.1% increase over the $55,000 median sale price for the same period of the previous year. There were nine homes sold in South Bay in the first half of 2018.

The median sales tax in South Bay for the most recent year with available data, 2014, was $913, approximately 1.5% of the median home sale price for the first half of 2019.

The following table compares South Bay to other Palm Beach County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
West Palm Beach (unincorporated)1,1041,00110.3%$130,000$118,00010.2%
West Boca412751.9%$125,000$90,00038.9%
Belle Glade3942-7.1%$103,000$71,00045.1%
Belle Glade (unincorporated)330%$85,000$55,00054.5%
West Boynton322433.3%$69,000$57,79519.4%
Mangonia Park81700%$64,000$71,000-9.9%
South Bay10911.1%$60,000$55,0009.1%
Uninc-33415/Haverhill7475%$58,755.10$137,500-57.3%
Pahokee1528-46.4%$50,100$51,500-2.7%
Canal Point (unincorporated)21100%$49,000$119,000-58.8%
Uninc-33403/Lake Park61500%$47,000$50,000-6%

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