The Section 87 housing market is not very competitive. The median sale price of a home in Section 87 was $376K last month, down 37.4% since last year. The median sale price per square foot in Section 87 is $185, down 48.2% since last year.
What is the housing market like in Section 87 today?
In December 2024, Section 87 home prices were down 37.4% compared to last year, selling for a median price of $376K. On average, homes in Section 87 sell after 142 days on the market compared to 146 days last year. There were 8 homes sold in December this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,540
-37.4% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Section 87, FL
$375,540
-37.4%
United States
To compare other locations to the Section 87 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 87 housing market?
Section 87 is not very competitive. Homes sell in 131.5 days.
0
100
18
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 2% below list price and go pending in around 132 days.
Hot homes
can sell for around list price and go pending in around 76 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 87 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Section 87.
Flood Factor - Major
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Section 87 has a major risk of flooding. 1,518 properties in Section 87 are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Section 87. Flood risk is increasing slower than the national average.
48% of properties are at risk of wildfire over the next 30 years
Fire Factor
Section 87 has a moderate risk of wildfire. There are 808 properties in Section 87 that have some risk of being affected by wildfire over the next 30 years. This represents 48% of all properties in Section 87.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Section 87 has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Section 87 is most at risk from hurricanes. 1,659 properties in Section 87 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 170 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 182 mph.