The Cove Cay housing market is not very competitive. The median sale price of a home in Cove Cay was $210K last month, down 22.9% since last year. The median sale price per square foot in Cove Cay is $206, down 14.0% since last year.
What is the housing market like in Cove Cay today?
In October 2024, Cove Cay home prices were down 22.9% compared to last year, selling for a median price of $210K. On average, homes in Cove Cay sell after 143 days on the market compared to 32 days last year. There were 9 homes sold in October this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$210,000
-22.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cove Cay, FL
$210,000
-22.9%
United States
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How hot is the Cove Cay housing market?
Cove Cay is not very competitive. Homes sell in 98.5 days.
0
100
9
Not 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 9 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 99 days.
Hot homes
can sell for about 3% below list price and go pending in around 56 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
94.8%
-2.0 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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 Cove Cay housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cove Cay.
Flood Factor - Major
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cove Cay has a major risk of flooding. 26 properties in Cove Cay are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Cove Cay. Flood risk is increasing at the same pace as the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Cove Cay has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cove Cay is most at risk from hurricanes. 29 properties in Cove Cay 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 183 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 191 mph.