The South Bay housing market is somewhat competitive. The median sale price of a home in South Bay was $373K last month, up 9.7% since last year. The median sale price per square foot in South Bay is $344, up 67.8% since last year.
What is the housing market like in South Bay today?
In October 2024, South Bay home prices were up 9.7% compared to last year, selling for a median price of $373K. On average, homes in South Bay sell after 33 days on the market compared to 11 days last year. There were 20 homes sold in October this year, up from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$373,000
+9.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
South Bay, CA
$373,000
+9.7%
United States
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.
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How hot is the South Bay housing market?
South Bay is somewhat competitive. Homes sell in 36 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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 13 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 South Bay housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Bay.
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.
79% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Bay has a moderate risk of wildfire. There are 2,417 properties in South Bay that have some risk of being affected by wildfire over the next 30 years. This represents 79% of all properties in South Bay.