The Section 58 housing market is not very competitive. The median sale price of a home in Section 58 was $525K last month, up 20.7% since last year. The median sale price per square foot in Section 58 is $268, up 24.1% since last year.
What is the housing market like in Section 58 today?
In May 2024, Section 58 home prices were up 20.7% compared to last year, selling for a median price of $525K. On average, homes in Section 58 sell after 38 days on the market compared to 32 days last year. There were 4 homes sold in May this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$525,000
+20.7% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Section 58, FL
$525,000
+20.7%
United States
To compare other locations to the Section 58 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Rotonda add value to a home.
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How hot is the Section 58 housing market?
Section 58 is not very competitive. Homes sell in 73 days.
0
100
24
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 12 months
Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 73 days.
Hot homes
can sell for around list price and go pending in around 23 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 Section 58 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Section 58.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Section 58 has an extreme risk of flooding. 2,244 properties in Section 58 are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Section 58. Flood risk is increasing slower than the national average.
50% of properties are at risk of wildfire over the next 30 years
Fire Factor
Section 58 has a moderate risk of wildfire. There are 1,128 properties in Section 58 that have some risk of being affected by wildfire over the next 30 years. This represents 50% of all properties in Section 58.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Section 58 has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Section 58 is most at risk from hurricanes. 2,256 properties in Section 58 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 175 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 184 mph.