The Tropic Palms housing market is somewhat competitive. The median sale price of a home in Tropic Palms was $665K last month, up 2.9% since last year. The median sale price per square foot in Tropic Palms is $385, down 3.6% since last year.
What is the housing market like in Tropic Palms today?
$665K
Sale Price
+2.9% since last year
$385
Sale $/Sq. Ft.
-3.6% since last year
Under List Price
4.9%
Days on Market
70
Down Payment
74.8%
Total Homes Sold
5
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How hot is the Tropic Palms housing market?
Tropic Palms is somewhat competitive. Homes sell in 70 days.
0
100
47
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 5% below list price and go pending in around 70 days.
Hot homes
can sell for about 2% below list price and go pending in around 41 days.
Home offer insights for Tropic Palms
Explore recent offers and recently sold homes in Tropic Palms
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 Tropic Palms housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Tropic Palms.
Risk Factor
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Tropic Palms has a minor risk of flooding. 62 properties in Tropic Palms are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Tropic Palms. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Tropic Palms has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Tropic Palms is most at risk from hurricanes. 457 properties in Tropic Palms 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 188 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 200 mph.