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Okeechobee Times

Friday, November 15, 2024

Belle Glade home prices rose in the first quarter of 2021

Realestate5

The median sale price of a home sold in the first quarter of 2021 in Belle Glade rose by $42,500 while total sales increased by 130%, according to BlockShopper.com.

From January through March of 2021, there were 23 homes sold, with a median sale price of $155,000 - a 37.8% increase over the $112,500 median sale price for the same period of the previous year. There were 10 homes sold in Belle Glade in the first quarter of 2020.

The median sales tax in Belle Glade for the most recent year with available data, 2018, was $1,211, approximately 0.8% of the median home sale price for the first quarter of 2021.

The following table compares Belle Glade to other Palm Beach County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Hypoluxo443815.8%$214,750$179,50019.6%
Greenacres25623110.8%$191,750$163,00017.6%
South Bay28-75%$186,000$112,50065.3%
West Boca1619-15.8%$169,250$127,00033.3%
Palm Springs98953.2%$162,575$159,9001.7%
Belle Glade2310130%$155,000$112,50037.8%
West Palm Beach (unincorporated)591599-1.3%$155,000$140,00010.7%
Delray Beach (unincorporated)68860413.9%$152,000$144,7505%
Pahokee13130%$139,550$52,500165.8%
Uninc-33409/West Palm Beach South31200%$115,000$130,000-11.5%
Mangonia Park73133.3%$84,000$80,0005%

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