The Bay Island housing market is somewhat competitive. The median sale price of a home in Bay Island was $3.7M last month, up 69.6% since last year. The median sale price per square foot in Bay Island is $1K, up 12.0% since last year.
What is the housing market like in Bay Island today?
In March 2024, Bay Island home prices were up 69.6% compared to last year, selling for a median price of $3.7M. On average, homes in Bay Island sell after 35 days on the market compared to 33 days last year. There were 10 homes sold in March this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$3,688,500
+69.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Bay Island, FL
$3,688,500
+69.6%
United States
To compare other locations to the Bay Island and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Sarasota 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 Bay Island housing market?
Bay Island is somewhat competitive. Homes sell in 14 days.
0
100
53
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 14 days.
Hot homes
can sell for about 4% above list price and go pending in around 5 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.0%
+1.4 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Bay Island, FL
97.0%
+1.4 pt
United States
Home offer insights for Bay Island
Explore recent offers and recently sold homes in Bay Island
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 Bay Island housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Bay Island.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Bay Island has an extreme risk of flooding. 310 properties in Bay Island are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Bay Island. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Bay Island has a minor risk of wildfire. There are 9 properties in Bay Island that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Bay Island.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Bay Island has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Bay Island is most at risk from hurricanes. 311 properties in Bay Island 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 195 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 204 mph.