The Pine Island Ridge housing market is somewhat competitive. Homes in Pine Island Ridge receive 2 offers on average and sell in around 43 days. The median sale price of a home in Pine Island Ridge was $273K last month, up 3.8% since last year. The median sale price per square foot in Pine Island Ridge is $241, up 2.1% since last year.
What is the housing market like in Pine Island Ridge today?
In March 2024, Pine Island Ridge home prices were up 3.8% compared to last year, selling for a median price of $273K. On average, homes in Pine Island Ridge sell after 43 days on the market compared to 51 days last year. There were 22 homes sold in March this year, down from 46 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$272,500
+3.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Pine Island Ridge, FL
$272,500
+3.8%
United States
To compare other locations to the Pine Island Ridge and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Davie 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 Pine Island Ridge housing market?
Pine Island Ridge is somewhat competitive. Homes sell in 49 days.
0
100
51
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 1% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 35 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Pine Island Ridge, FL
98.3%
+0.3 pt
United States
Home offer insights for Pine Island Ridge
Explore recent offers and recently sold homes in Pine Island Ridge
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$800K Offer
Sold for $850K
3bd | 2ba | ~2,000sqft
Over List Price
0%
Days on Market
39
Competing Offers
8
Down Payment
—
Liz Reinert
Pine Island Ridge Redfin Agent
We included client letter, escalation clause in our offer. Our escalation was highest and unfortunately, other offer removed appraisal and included appraisal gap where my Buyer was unable to do so. VA loan.
…
More
View houses in Pine Island Ridge that sold recently
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 Pine Island Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Pine Island Ridge.
Risk Factor
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Pine Island Ridge has a minor risk of flooding. 1 properties in Pine Island Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Pine Island Ridge. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
Pine Island Ridge has a moderate risk of wildfire. There are 91 properties in Pine Island Ridge that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in Pine Island Ridge.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Pine Island Ridge has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Pine Island Ridge is most at risk from hurricanes. 1,242 properties in Pine Island Ridge 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 191 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 201 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Pine Island Ridge has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Pine Island Ridge have an Extreme Heat Factor®.
Pine Island Ridge is expected to see a 285% increase in the number of days over 105ºF over the next 30 years. Pine Island Ridge is expected to experience 9