The Balm housing market is very competitive. The median sale price of a home in Balm was $360K last month, up 3.2% since last year. The median sale price per square foot in Balm is $157, down 31.8% since last year.
In February 2025, Balm home prices were up 3.2% compared to last year, selling for a median price of $360K. On average, homes in Balm sell after 18 days on the market compared to 35 days last year. There were 21 homes sold in February this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$360,000
+3.2% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Balm, FL
$360,000
+3.2%
United States
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How hot is the Balm housing market?
Balm is very competitive. Homes sell in 24 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 24 days.
Hot homes
can sell for around list price and go pending in around 8 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Balm housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Balm.
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Balm has a minor risk of flooding. 86 properties in Balm are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Balm. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Balm has a major risk of wildfire. There are 2,558 properties in Balm that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Balm.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Balm has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Balm is most at risk from hurricanes. 2,565 properties in Balm have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 172 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 183 mph.