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Adobe Stock
From October through December of 2021, there were nine homes sold, with a median sale price of $101,000 - a 28.4% decrease over the $141,000 median sale price for the same period of the previous year. There were four homes sold in South Bay in the fourth quarter of 2020.
The median sales tax in South Bay for the most recent year with available data, 2018, was $966, approximately 1% of the median home sale price for the fourth quarter of 2021.
The following table compares South Bay to other Palm Beach County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mangonia Park | 7 | 5 | 40% | $216,000 | $140,000 | 54.3% |
| Greenacres | 239 | 230 | 3.9% | $210,000 | $185,000 | 13.5% |
| Palm Springs | 119 | 82 | 45.1% | $190,000 | $173,500 | 9.5% |
| Delray Beach (unincorporated) | 658 | 655 | 0.5% | $185,000 | $163,000 | 13.5% |
| West Palm Beach (unincorporated) | 600 | 565 | 6.2% | $178,900 | $160,000 | 11.8% |
| Canal Point (unincorporated) | 2 | 3 | -33.3% | $142,500 | $25,000 | 470% |
| Uninc-33413/West Palm Beach Canal | 1 | 1 | 0% | $131,210.19 | $81,790 | 60.4% |
| Pahokee | 9 | 14 | -35.7% | $105,000 | $76,750 | 36.8% |
| South Bay | 9 | 4 | 125% | $101,000 | $141,000 | -28.4% |
| West Boynton | 8 | 8 | 0% | $91,250 | $78,750 | 15.9% |
| Uninc-33415/Haverhill | 2 | 3 | -33.3% | $85,000 | $160,000 | -46.9% |
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