The South Reach housing market is not very competitive. The median sale price of a home in South Reach was $660K last month, down 2.5% since last year. The median sale price per square foot in South Reach is $348, up 3.6% since last year.
What is the housing market like in South Reach today?
In March 2024, South Reach home prices were down 2.5% compared to last year, selling for a median price of $660K. On average, homes in South Reach sell after 69 days on the market compared to 78 days last year. There were 57 homes sold in March this year, down from 94 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$660,000
-2.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Reach, FL
$660,000
-2.5%
United States
To compare other locations to the South Reach and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Melbourne Beach add value to a home.
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How hot is the South Reach housing market?
South Reach is not very competitive. Homes sell in 58 days.
0
100
29
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 3 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 24 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.7%
-0.54 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Reach, FL
96.7%
-0.54 pt
United States
Home offer insights for South Reach
Explore recent offers and recently sold homes in South Reach
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Gemini Elementary School
Public • PreK-6 • Choice school
468
Students
8 reviews
9/10
Indialantic Elementary School
Public • PreK-6 • Choice school
740
Students
9 reviews
3/10
Palm Bay Elementary School
Public • PreK-6 • Choice school
613
Students
9 reviews
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 South Reach housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Reach.
Risk Factor
Flood Factor - Extreme
93% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Reach has an extreme risk of flooding. 3,869 properties in South Reach are likely to be
severely affected
by flooding over the next 30 years. This represents 93% of all properties in South Reach. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Reach has a minor risk of wildfire. There are 17 properties in South Reach that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in South Reach.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
South Reach has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Reach is most at risk from hurricanes. 6,664 properties in South Reach 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 198 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 215 mph.