The Southwest housing market is somewhat competitive. The median sale price of a home in Southwest was $662K last month, up 37.1% since last year. The median sale price per square foot in Southwest is $395, up 19.5% since last year.
What is the housing market like in Southwest today?
$662K
Sale Price
+37.1% since last year
$395
Sale $/Sq. Ft.
+19.5% since last year
Under List Price
1.7%
Days on Market
35
Down Payment
—
Total Homes Sold
3
To compare other locations to the Southwest and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Asbury Park add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Southwest
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Southwest housing market?
Southwest is somewhat competitive. Homes sell in 35 days.
0
100
65
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 2% below list price and go pending in around 35 days.
Hot homes
can sell for about 2% above list price and go pending in around 21 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 Southwest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest.
Flood Factor - Major
97% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest has a major risk of flooding. 7,479 properties in Southwest are likely to be
severely affected
by flooding over the next 30 years. This represents 97% of all properties in Southwest. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Southwest has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest is most at risk from hurricanes. 8,397 properties in Southwest 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 76 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.