The Bimini Basin housing market is somewhat competitive. The median sale price of a home in Bimini Basin was $339K last month, up 5.9% since last year. The median sale price per square foot in Bimini Basin is $215, down 10.6% since last year.
What is the housing market like in Bimini Basin today?
In March 2024, Bimini Basin home prices were up 5.9% compared to last year, selling for a median price of $339K. On average, homes in Bimini Basin sell after 58 days on the market compared to 20 days last year. There were 59 homes sold in March this year, up from 52 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$339,000
+5.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Bimini Basin, FL
$339,000
+5.9%
United States
To compare other locations to the Bimini Basin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cape Coral add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Bimini Basin housing market?
Bimini Basin is somewhat competitive. Homes sell in 65 days.
0
100
34
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 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 65 days.
Hot homes
can sell for about 1% below list price and go pending in around 22 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 Bimini Basin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Bimini Basin.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Bimini Basin has an extreme risk of flooding. 3,021 properties in Bimini Basin are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Bimini Basin. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Bimini Basin has a minor risk of wildfire. There are 10 properties in Bimini Basin that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Bimini Basin.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Bimini Basin has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Bimini Basin is most at risk from hurricanes. 3,081 properties in Bimini Basin 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 169 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 179 mph.