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Housing in Balm

139 homes sold in Balm in the last year, at a typical $349K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Balm homes are listed.

Homes sold
139
June 2025 to May 2026
Typical sale price
$349K
median, weighted by sales
Price per square foot
$170
Florida $250
Paid vs. asking
99.1%
16% sold over asking
For sale now
46
May 2026 · 17 sold that month
What sold · last 12 months

Houses are 100% of Balm’s sales, at a typical $349K

139 homes sold in the year to May 2026.

Houses$349K

typical sale · 139 sold in 12 months

Per square foot
$170FL $245
Days to sell
48
Sold over asking
16%
Listings with a price cut
41%
14 years of sales

Fewer homes sell than before 2021, at 1.7 times the 2016 price

139 sales in the last year, against 327 in 2020 and a low of 45 in 2014. The typical sale went from $201K in 2016 to $349K.

Homes soldTypical sale price
087175262350$175K$250K$325K$400K2012: 120 sold, typical $204K’122013: 55 sold, typical $182K2014: 45 sold, typical $170K’142015: 140 sold, typical $204K2016: 198 sold, typical $201K’162017: 159 sold, typical $204K2018: 239 sold, typical $213K’182019: 279 sold, typical $212K2020: 327 sold, typical $225K’202021: 189 sold, typical $292K2022: 185 sold, typical $378K’222023: 114 sold, typical $341K2024: 242 sold, typical $376K’242025: 197 sold, typical $366KLast 12 months: 139 sold, typical $349KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Balm

Houseat $170 a sq ft
The same money in Floridaat $245 a sq ft

Is this asking price fair?

Check a listing against what Balm homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Balm are back to pre-pandemic levels, but 20% fewer homes come up for sale

We read every month of Balm’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 139 sales.

If you’re buying in Balm

  • Shop in May. It brings about 21 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • You can negotiate. 41% of listings have cut their price, against 19% before the pandemic.
  • Bid near asking. Buyers paid 99.1% of the list price on average; 16% paid over.
  • You’ll usually have time. Only 23% of homes go under contract within two weeks; the typical one takes 48 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 25 a month), but March is the most competitive: 26% of March sales close over asking. May offers nearly as much choice with fewer homes bid up (16%). October has the least competition (14%).

New listings a monthShare sold over asking
07.51522.53013%27%40%Sweet spotJan: 19 new listings a month, 17% sold over asking, 37 days to sellJFeb: 17 new listings a month, 18% sold over asking, 42 days to sellFMar: 22 new listings a month, 26% sold over asking, 45 days to sellMApr: 22 new listings a month, 21% sold over asking, 45 days to sellAMay: 21 new listings a month, 16% sold over asking, 43 days to sellMJun: 25 new listings a month, 25% sold over asking, 34 days to sellJJul: 20 new listings a month, 20% sold over asking, 32 days to sellJAug: 23 new listings a month, 17% sold over asking, 38 days to sellASep: 18 new listings a month, 20% sold over asking, 39 days to sellSOct: 17 new listings a month, 14% sold over asking, 33 days to sellONov: 18 new listings a month, 20% sold over asking, 38 days to sellNDec: 16 new listings a month, 22% sold over asking, 40 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Florida

Balm now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price16%13%51%10%
Gone within two weeksShare of homes under contract within 14 days23%25%77%20%
Listings with a price cutShare of homes for sale that cut their price41%19%23%28%
Price paid vs. askingAverage sale price ÷ list price99.1%99.4%102%96.3%
Days to sellMedian days from listing to contract4847876
Supply

44 homes for sale on a typical day

That’s 4.7 times the 2021 low (9), 20% fewer than in 2017–19 and well under 2018’s 65.

2012: 49 for sale’122013: 26 for sale2014: 35 for sale2015: 60 for sale’152016: 61 for sale2017: 56 for sale2018: 65 for sale’182019: 46 for sale2020: 32 for sale2021: 9 for sale’212022: 23 for sale2023: 20 for sale2024: 54 for sale’242025: 43 for saleLast 12 months: 44 for saleNow
Room to negotiate

1 in 2 listings has cut its price

41% in the last year, against 19% in 2017–19 and 28% across Florida. More sellers are pricing high and coming down.

2015: 22%’152016: 15%2017: 14%2018: 17%’182019: 26%2020: 18%2021: 23%’212022: 50%2023: 35%2024: 57%’242025: 44%Last 12 months: 41%Now
Across Florida

Balm ranks 80th of 534 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Balm is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Balm home costs about $2,065 a month

Mortgage
Property tax
Insurance
Rent

Price: Balm’s typical sale, last 12 months. Property tax at Balm’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Balm is affordable on local pay is on Cost of living.

Before you buy in Balm

Six things worth knowing

25

New listings in June

The month with the most choice. December has the fewest, about 16.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $349K home, about $2,930 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Balm, from test results, graduation and how much students grow.

Schools in Balm
37 min

Typical commute

The average one-way trip to work for people who live in Balm.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Sun City Center sells for less a square foot; Apollo Beach and Fish Hawk for far more

The busier markets within 25 miles of Balm, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Riverview1,654$384K$18720%58
Sun City Center955$271K$1638%76
Apollo Beach851$487K$2139%85
Fish Hawk362$565K$2229%48
Wimauma345$352K$17612%78
Gibsonton169$322K$17617%50
Balm139$349K$17016%48

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Balm, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Balm. People who follow the town see it, and so do people comparing Balm with their own town. No commission, no listing fee.

Questions about buying a home in Balm

What do homes sell for in Balm, FL?

139 homes sold in the year to May 2026 at a typical $349K, $170 a square foot.

Is Balm a buyer’s or seller’s market?

A seller’s market: 46 homes were for sale in May 2026 and 17 sold, about 2.7 months of supply. Buyers paid 99.1% of asking on average, and 41% of listings cut their price.

When is the best time to buy in Balm?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Balm?

About 0.8% of a home’s value a year. On a $349K home that’s near $2,930.

Where can I see homes for sale in Balm?

Zillow, Redfin, Realtor.com and Homes.com all carry Balm’s MLS listings; the search links above open each one filtered to Balm.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).