The South Bay Terraces housing market is very competitive. The median sale price of a home in South Bay Terraces was $635K last month, up 8.5% since last year. The median sale price per square foot in South Bay Terraces is $486, up 3.7% since last year.
What is the housing market like in South Bay Terraces today?
In December 2024, South Bay Terraces home prices were up 8.5% compared to last year, selling for a median price of $635K. On average, homes in South Bay Terraces sell after 27 days on the market compared to 17 days last year. There were 33 homes sold in December this year, up from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$635,000
+8.5% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
South Bay Terraces, CA
$635,000
+8.5%
United States
To compare other locations to the South Bay Terraces and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in San Diego add value to a home.
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Work with the best agents in South Bay Terraces
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How hot is the South Bay Terraces housing market?
South Bay Terraces is very competitive. Homes sell in 26 days.
0
100
76
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 26 days.
Hot homes
can sell for about 2% above list price and go pending in around 12 days.
Learn about schools in the South Bay Terraces area
Elementary
Middle
High
GreatSchools Rating
7/10
Bethune K-8
Public • K-8
564
Students
9 reviews
6/10
Zamorano Elementary School
Public • K-5
955
Students
7 reviews
5/10
Penn Elementary School
Public • K-5
364
Students
5 reviews
3/10
Boone Elementary School
Public • K-5
378
Students
3 reviews
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 South Bay Terraces housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Bay Terraces.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Bay Terraces has a minor risk of flooding. 75 properties in South Bay Terraces are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in South Bay Terraces. Flood risk is increasing slower than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Bay Terraces has a moderate risk of wildfire. There are 446 properties in South Bay Terraces that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in South Bay Terraces.
South Bay Terraces has minimal risk of severe winds over the next 30 years
Wind Factor
South Bay Terraces has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
81% of properties are at major
risk of heat over the next 30 years
Heat Factor
South Bay Terraces has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 81% of homes in South Bay Terraces have a Major Heat Factor®.
South Bay Terraces is expected to see a 214% increase in the number of days over 89ºF over the next 30 years. South Bay Terraces is expected to experience 12