The Spanish Wells housing market is somewhat competitive. The median sale price of a home in Spanish Wells was $594K last month, down 25.6% since last year. The median sale price per square foot in Spanish Wells is $344, up 5.8% since last year.
What is the housing market like in Spanish Wells today?
In May 2025, Spanish Wells home prices were down 25.6% compared to last year, selling for a median price of $594K. On average, homes in Spanish Wells sell after 30 days on the market compared to 50 days last year. There were 20 homes sold in May this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$594,250
-25.6% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Spanish Wells, FL
$594,250
-25.6%
United States
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How hot is the Spanish Wells housing market?
Spanish Wells is somewhat competitive. Homes sell in 62 days.
0
100
34
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 62 days.
Hot homes
can sell for about 2% below list price and go pending in around 21 days.
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 Spanish Wells housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Spanish Wells.
Flood Factor - Minor
93% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Spanish Wells has a minor risk of flooding. 30 properties in Spanish Wells are likely to be
severely affected
by flooding over the next 30 years. This represents 93% of all properties in Spanish Wells. Flood risk is increasing faster than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
Spanish Wells has a moderate risk of wildfire. There are 348 properties in Spanish Wells that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in Spanish Wells.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Spanish Wells has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Spanish Wells is most at risk from hurricanes. 1,057 properties in Spanish Wells 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 169 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 179 mph.