The Covered Bridge Estates housing market is somewhat competitive. The median sale price of a home in Covered Bridge Estates was $498K last month, up 24.9% since last year. The median sale price per square foot in Covered Bridge Estates is $192, down 7.5% since last year.
What is the housing market like in Covered Bridge Estates today?
In March 2024, Covered Bridge Estates home prices were up 24.9% compared to last year, selling for a median price of $498K. On average, homes in Covered Bridge Estates sell after 38 days on the market compared to 73 days last year. There were 2 homes sold in March this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$498,000
+24.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Covered Bridge Estates, FL
$498,000
+24.9%
United States
To compare other locations to the Covered Bridge Estates and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Ellenton add value to a home.
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How hot is the Covered Bridge Estates housing market?
Covered Bridge Estates is somewhat competitive. Homes sell in 36.5 days.
0
100
62
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 9 days.
Learn about schools in the Covered Bridge Estates area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Covered Bridge Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Covered Bridge Estates.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Covered Bridge Estates has a moderate risk of flooding. 60 properties in Covered Bridge Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Covered Bridge Estates. Flood risk is increasing slower than the national average.
77% of properties are at risk of wildfire over the next 30 years
Fire Factor
Covered Bridge Estates has a moderate risk of wildfire. There are 720 properties in Covered Bridge Estates that have some risk of being affected by wildfire over the next 30 years. This represents 77% of all properties in Covered Bridge Estates.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Covered Bridge Estates has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Covered Bridge Estates is most at risk from hurricanes. 927 properties in Covered Bridge Estates 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 161 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 168 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Covered Bridge Estates has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Covered Bridge Estates have an Extreme Heat Factor®.
Covered Bridge Estates is expected to see a 314% increase in the number of days over 107ºF over the next 30 years. Covered Bridge Estates is expected to experience 6