The Royal Palm Isles housing market is somewhat competitive. The median sale price of a home in Royal Palm Isles was $232K last month, down 29.7% since last year. The median sale price per square foot in Royal Palm Isles is $237, up 4.9% since last year.
What is the housing market like in Royal Palm Isles today?
In March 2024, Royal Palm Isles home prices were down 29.7% compared to last year, selling for a median price of $232K. On average, homes in Royal Palm Isles sell after 74 days on the market compared to 69 days last year. There were 10 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$232,000
-29.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Royal Palm Isles, FL
$232,000
-29.7%
United States
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How hot is the Royal Palm Isles housing market?
Royal Palm Isles is somewhat competitive. Homes sell in 64 days.
0
100
42
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 64 days.
Hot homes
can sell for about 1% below list price and go pending in around 42 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 Royal Palm Isles housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Royal Palm Isles.
Risk Factor
Flood Factor - Minor
32% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Royal Palm Isles has a minor risk of flooding. 11 properties in Royal Palm Isles are likely to be
severely affected
by flooding over the next 30 years. This represents 32% of all properties in Royal Palm Isles. Flood risk is increasing faster than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Royal Palm Isles has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Royal Palm Isles is most at risk from hurricanes. 375 properties in Royal Palm Isles 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 197 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 207 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Royal Palm Isles has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Royal Palm Isles have an Extreme Heat Factor®.
Royal Palm Isles is expected to see a 242% increase in the number of days over 106ºF over the next 30 years. Royal Palm Isles is expected to experience 9