Housing · Balm

Balm, FL housing market

Homes typically sell in 46 days, close to asking.

Home values, sales, trends and how Balm compares with the towns next door — updated as new data is published.

The market right now

Balm at a glance

Median sale price
$348K
May 2026 · Redfin
Days on market
46
Florida: 66 days
Sale-to-list
99.5%
Homes sell near asking
Homes sold
17
in May · 46 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 2.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Nearby

Balm and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentMedian income
Balm — — $1,680 $114,659
Riverview $364K −2.8% $2,660 $100,438
Wimauma $344K −4.7% $1,640 $68,274
Sun City Center $270K −6% $2,150 $73,528
Affordability

3 years of income

The typical Balm home costs about 3 years of the town's median household income, less than across Florida (5 years).

How Balm ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
77.8%
Florida: 67.6%
Median tax bill
$2,902
Florida: $2,730
Median rent
$2,022
Florida: $1,669
Typical home built
2014
Florida: 1988

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,680

HUD's Fair Market Rent for a two-bedroom in Balm is $1,680 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Balm pay a median of $2,022. A two-bedroom takes about 18% of the town's median household income.

1 bedroom
$1,450
a month, with utilities
2 bedrooms
$1,680
a month, with utilities
3 bedrooms
$2,160
a month, with utilities
Share of income
18%
2 bedrooms ÷ median income

Studio $1,360 · 4 bedrooms $2,620

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33503, 33598; North Port-Bradenton-Sarasota, FL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01