The South Bay housing market is somewhat competitive. The median sale price of a home in South Bay was $460K last month, down 5.6% since last year. The median sale price per square foot in South Bay is $379, up 38.1% since last year.
What is the housing market like in South Bay today?
In March 2024, South Bay home prices were down 5.6% compared to last year, selling for a median price of $460K. On average, homes in South Bay sell after 32 days on the market compared to 44 days last year. There were 5 homes sold in March this year, down from 12 last year.
$469K
Sale Price
+8.4% since last year
$379
Sale $/Sq. Ft.
+38.1% since last year
Under List Price
2.8%
Days on Market
27
Down Payment
—
Total Homes Sold
4
To compare other locations to the South Bay and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Pine Hills 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 South Bay housing market?
South Bay is somewhat competitive. Homes sell in 27 days.
0
100
52
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 3% below list price and go pending in around 27 days.
Hot homes
can sell for around list price and go pending in around 9 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
4/10
Pine Hill Elementary School
Public • K-3
242
Students
3 reviews
3/10
South Bay Elementary School
Public • 4-6
163
Students
1 reviews
NR
Loleta Elementary School
Public • K-8
101
Students
1 reviews
NR
Ridgewood Elementary School
Public • K-2
285
Students
4 reviews
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 South Bay housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Bay.
Risk Factor
Flood Factor - Extreme
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Bay has an extreme risk of flooding. 673 properties in South Bay are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in South Bay. Flood risk is increasing slower than the national average.
43% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Bay has a moderate risk of wildfire. There are 1,328 properties in South Bay that have some risk of being affected by wildfire over the next 30 years. This represents 43% of all properties in South Bay.