The New River Estates housing market is somewhat competitive. The median sale price of a home in New River Estates was $530K last month, up 23.0% since last year. The median sale price per square foot in New River Estates is $264, down 9.88% since last year.
What is the housing market like in New River Estates today?
In March 2024, New River Estates home prices were up 23.0% compared to last year, selling for a median price of $530K. On average, homes in New River Estates sell after 59 days on the market compared to 62 days last year. There were 7 homes sold in March this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$530,000
+23.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
New River Estates, FL
$530,000
+23.0%
United States
To compare other locations to the New River Estates and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Sunrise add value to a home.
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How hot is the New River Estates housing market?
New River Estates is somewhat competitive. Homes sell in 35.5 days.
0
100
61
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 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 18 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 New River Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in New River Estates.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
New River Estates has a minor risk of flooding. 7 properties in New River Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in New River Estates. Flood risk is increasing slower than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
New River Estates has a moderate risk of wildfire. There are 593 properties in New River Estates that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in New River Estates.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
New River Estates has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. New River Estates is most at risk from hurricanes. 1,851 properties in New River Estates 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 187 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 198 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
New River Estates has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in New River Estates have an Extreme Heat Factor®.
New River Estates is expected to see a 285% increase in the number of days over 106ºF over the next 30 years. New River Estates is expected to experience 8