The Heritage Palms housing market is somewhat competitive. The median sale price of a home in Heritage Palms was $365K last month, up 23.7% since last year. The median sale price per square foot in Heritage Palms is $290, up 19.8% since last year.
What is the housing market like in Heritage Palms today?
In March 2024, Heritage Palms home prices were up 23.7% compared to last year, selling for a median price of $365K. On average, homes in Heritage Palms sell after 45 days on the market compared to 14 days last year. There were 30 homes sold in March this year, down from 33 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$365,000
+23.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Heritage Palms, FL
$365,000
+23.7%
United States
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How hot is the Heritage Palms housing market?
Heritage Palms is somewhat competitive. Homes sell in 28 days.
0
100
56
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 5% below list price and go pending in around 28 days.
Hot homes
can sell for about 1% below list price and go pending in around 8 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 Heritage Palms housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Heritage Palms.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Heritage Palms has a minor risk of flooding. 31 properties in Heritage Palms are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Heritage Palms. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Heritage Palms has a major risk of wildfire. There are 1,058 properties in Heritage Palms that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Heritage Palms.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Heritage Palms has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Heritage Palms is most at risk from hurricanes. 1,064 properties in Heritage 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 164 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 177 mph.