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Okeechobee Times

Monday, April 21, 2025

How did home prices perform in South Bay during December 2021?

Webp realestate1

The median sale price of a home sold in December 2021 in South Bay fell by $52,550 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In December 2021, there were two homes sold, with a median sale price of $102,450 - a 33.9% decrease over the $155,000 median sale price for the same period of the previous year. There were two homes sold in South Bay in December 2020, as well.

The median sales tax in South Bay for the most recent year with available data, 2018, was $966, approximately 0.9% of the median home sale price for December 2021.

The following table compares South Bay to other Palm Beach County cities with similar median sale prices in December 2021:

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Lantana1629-44.8%$215,000$225,000-4.4%
Delray Beach (unincorporated)198226-12.4%$201,250$185,0008.8%
West Palm Beach (unincorporated)2051974.1%$185,000$138,00034.1%
Belle Glade9650%$170,000$207,500-18.1%
West Boca51400%$165,000$46,100257.9%
Canal Point (unincorporated)21100%$142,500$25,000470%
Palm Springs362924.1%$137,400$175,000-21.5%
West Boynton220%$102,500$41,250148.5%
South Bay220%$102,450$155,000-33.9%
Uninc-33415/Haverhill220%$85,000$175,750-51.6%
Pahokee36-50%$55,000$69,500-20.9%

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