The Southbank housing market is somewhat competitive. The median sale price of a home in Southbank was $355K last month, up 31.5% since last year. The median sale price per square foot in Southbank is $251, down 23.7% since last year.
What is the housing market like in Southbank today?
In February 2025, Southbank home prices were up 31.5% compared to last year, selling for a median price of $355K. On average, homes in Southbank sell after 119 days on the market compared to 72 days last year. There were 10 homes sold in February this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$355,000
+31.5% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Southbank, FL
$355,000
+31.5%
United States
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How hot is the Southbank housing market?
Southbank is somewhat competitive. Homes sell in 78 days.
0
100
38
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 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 78 days.
Hot homes
can sell for around list price and go pending in around 49 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 Southbank housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southbank.
Flood Factor - Extreme
96% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southbank has an extreme risk of flooding. 998 properties in Southbank are likely to be
severely affected
by flooding over the next 30 years. This represents 96% of all properties in Southbank. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southbank has a moderate risk of wildfire. There are 76 properties in Southbank that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Southbank.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Southbank has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southbank is most at risk from hurricanes. 1,093 properties in Southbank 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 174 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 188 mph.