South Pasadena, FL housing market

The median sale price in South Pasadena, FL was $245K in May 2026, down 38.0% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $273K, easing from $294K across the three months before that. That puts prices 33.3% below the strongest three-month stretch on record here, which ended in Aug 2025 at $408K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $297K for Jun 2026, down 7.4% year over year.

Buyers had 100 homes to choose from in May 2026, down 1.0% year over year (Redfin). At the current sales pace that standing inventory works out to 6.7 months of supply; convention treats four to six months as a balanced market, which puts South Pasadena, FL on the buyers' side of it. 21 homes came to market in May 2026, down 12.5% year over year, against 15 closings, up 87.5% year over year. Homes that sold in May 2026 took a median of 120 days to go under contract, 58 days slower than this market's usual May pace.

Competition is measurable in the closings themselves: 0.0% settled above asking, and the average sale landed at 95% of its final list price. 35% of listings carried a price cut in May 2026.

This page tracks 10 monthly housing series for South Pasadena, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Aug 2016 through Jun 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.