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Housing in South Patrick Shores

148 homes sold in South Patrick Shores in the last year, at a typical $534K

Houses and condos split the market almost evenly. 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 South Patrick Shores homes are listed.

Homes for sale in South Patrick ShoresZillowRedfinRealtor.comMore places to look ↓
Homes sold
148
October 2025 to September 2026
Typical sale price
$534K
houses $599K · condos $456K (year to May 2026)
Price per square foot
$334
Florida $243
Paid vs. asking
96.7%
7% sold over asking
For sale now
62
September 2026 · 8 sold that month
What sold · last 12 months

A third of South Patrick Shores’ sales are condos, at $144K less than a house

89 houses and 49 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$599K

typical sale · 89 sold in the year to May 2026

Per square foot
$356FL $245
Days to sell
77
Sold over asking
10%
Listings with a price cut
33%
Condos$456K

typical sale · 49 sold in the year to May 2026

Per square foot
$332FL $262
Days to sell
109
Sold over asking
2%
Listings with a price cut
24%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $665K
Townhouses: 15 sold, typical $396K

Too few sales in 12 months for reliable figures.

11 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

148 sales in the last year, against 226 in 2015 and a low of 134 in 2023. The typical sale went from $249K in 2016 to $534K.

Homes soldTypical sale price
062125187250$225K$350K$475K$600K2015: 226 sold, typical $212K’152016: 172 sold, typical $249K2017: 198 sold, typical $254K’172018: 183 sold, typical $268K2019: 203 sold, typical $289K’192020: 201 sold, typical $319K2021: 226 sold, typical $414K’212022: 161 sold, typical $521K2023: 134 sold, typical $510K’232024: 138 sold, typical $474K2025: 153 sold, typical $499K’25Last 12 months: 148 sold, typical $534KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $550K buys in South Patrick Shores

Houseat $356 a sq ft, year to May 2026
Condoat $332 a sq ft, year to May 2026
The same money in Floridaat $245 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what South Patrick Shores 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 · 11 years of sales

Bidding wars in South Patrick Shores are back to pre-pandemic levels, but 21% fewer homes come up for sale

We read every month of South Patrick Shores’ home sales since 2015 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 September 2026, 148 sales.

If you’re buying in South Patrick Shores

  • Shop in February. It brings about 18 new listings a month, close to the busiest month, with fewer bidding wars (9% over asking).
  • Offer under asking. Buyers paid 96.7% of the list price on average; 7% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 68 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 21 a month), but April is the most competitive: 18% of April sales close over asking. January and February offer nearly as much choice with fewer homes bid up (13%). September has the least competition (9%).

New listings a monthShare sold over asking
06.312.518.8257%13%20%Sweet spotJan: 19 new listings a month, 13% sold over asking, 76 days to sellJFeb: 18 new listings a month, 9% sold over asking, 80 days to sellFMar: 20 new listings a month, 16% sold over asking, 78 days to sellMApr: 20 new listings a month, 18% sold over asking, 72 days to sellAMay: 21 new listings a month, 10% sold over asking, 69 days to sellMJun: 20 new listings a month, 14% sold over asking, 69 days to sellJJul: 19 new listings a month, 11% sold over asking, 72 days to sellJAug: 19 new listings a month, 17% sold over asking, 66 days to sellASep: 16 new listings a month, 9% sold over asking, 68 days to sellSOct: 17 new listings a month, 12% sold over asking, 79 days to sellONov: 17 new listings a month, 11% sold over asking, 74 days to sellNDec: 13 new listings a month, 11% sold over asking, 70 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Florida as a whole

South Patrick Shores now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price7%8%30%9%
Gone within two weeksShare of homes under contract within 14 days26%3%55%21%
Price paid vs. askingAverage sale price ÷ list price96.7%96.1%98.8%96.4%
Days to sellMedian days from listing to contract68824875
Supply

52 homes for sale on a typical day

That’s 1.4 times the 2021 low (37), 21% fewer than in 2017–19 and well under 2018’s 72.

2015: 61 for sale’152016: 54 for sale2017: 57 for sale2018: 72 for sale’182019: 69 for sale2020: 53 for sale2021: 37 for sale’212022: 38 for sale2023: 43 for sale2024: 70 for sale’242025: 65 for saleLast 12 months: 52 for saleNow
Prices by type

Since 2019, houses are up 95%, condos 61%

A house typically sold for $599K in the year to May 2026 (89 sales), a condo for $456K (49).

$325K$450K$575K$700K201420162018202020222024NowHouses 2014: $241K, 14 salesHouses 2015: $237K, 146 salesHouses 2016: $246K, 117 salesHouses 2017: $302K, 122 salesHouses 2018: $288K, 111 salesHouses 2019: $307K, 131 salesHouses 2020: $369K, 105 salesHouses 2021: $454K, 142 salesHouses 2022: $562K, 103 salesHouses 2023: $575K, 76 salesHouses 2024: $584K, 86 salesHouses 2025: $573K, 85 salesHouses last 12 months: $599K, 89 salesHouses $599KCondos 2014: $239K, 5 salesCondos 2015: $271K, 49 salesCondos 2016: $278K, 45 salesCondos 2017: $238K, 53 salesCondos 2018: $244K, 59 salesCondos 2019: $283K, 54 salesCondos 2020: $339K, 73 salesCondos 2021: $371K, 68 salesCondos 2022: $519K, 48 salesCondos 2023: $447K, 48 salesCondos 2024: $392K, 38 salesCondos 2025: $455K, 53 salesCondos last 12 months: $456K, 49 salesCondos $456K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Florida

South Patrick Shores ranks 346th of 542 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. South Patrick Shores is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical South Patrick Shores home costs about $3,089 a month

Mortgage
Property tax
Insurance
Rent

Price: South Patrick Shores’ typical sale, last 12 months. Property tax at South Patrick Shores’ 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether South Patrick Shores is affordable on local pay is on Cost of living.

Before you buy in South Patrick Shores

Six things worth knowing

21

New listings in May

The month with the most choice. December has the fewest, about 13.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $534K home, about $3,640 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for South Patrick Shores, from test results, graduation and how much students grow.

Schools in South Patrick Shores
22 min

Typical commute

The average one-way trip to work for people who live in South Patrick Shores.

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

Satellite Beach, Indian Harbour Beach, Melbourne, Viera East and Merritt Island sell for less a square foot

The busier markets within 25 miles of South Patrick Shores, 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
Melbourne1,342$309K$2078%63
Merritt Island615$434K$2457%77
Satellite Beach235$543K$29111%69
Viera East233$407K$22311%66
Indian Harbour Beach216$472K$2699%66
South Patrick Shores148$534K$3347%68
Indialantic76$681K$3565%81

Redfin Data Center, October 2025 to September 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 South Patrick Shores, free

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

Questions about buying a home in South Patrick Shores

What do homes sell for in South Patrick Shores, FL?

148 homes sold in the year to September 2026 at a typical $534K, $334 a square foot. Houses sold for about $599K, condos for about $456K in the year to May 2026.

Is South Patrick Shores a buyer’s or seller’s market?

A buyer’s market: 62 homes were for sale in September 2026 and 8 sold, about 7.5 months of supply. Buyers paid 96.7% of asking on average.

When is the best time to buy in South Patrick Shores?

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

How much are property taxes in South Patrick Shores?

About 0.7% of a home’s value a year. On a $534K home that’s near $3,640.

Where can I see homes for sale in South Patrick Shores?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).