Bithlo, FL—32820
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bithlo, FL
As of Oct '25, the median home price in Bithlo, FL is $532,000, with a year-over-year change of -3.2%. This indicates that home prices in Bithlo, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $532,000 | -3.2% |
| Single Family | $532,000 | -3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $382,000 | -5.2% |
4 Bed | $524,000 | -3.3% |
| 5 Bed | $706,000 | -1.1% |
% of Housing Stock
Rental Trends — Bithlo, FL
As of July '25, Rentcast reports the average rent in Bithlo, FL is $2,340, with a year-over-year rent change of -7.5%. Per bedroom, the median rent as of July '25 in Bithlo, FL is 1-bedrooms: $848, 2-bedrooms: $1,780, 3-bedrooms: $2,150, 4-bedrooms: $2,620. The most common rental property sizes in Bithlo, FL are 4-bedroom and 2-bedroom, accounting for 55.6% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $848 |
| 2 Bed Rent | $1,750 | $1,780 |
| 3 Bed Rent | $2,300 | $2,150 |
| 4 Bed Rent | $2,620 | $2,620 |
% of Rental Stock
Property Listings — Bithlo, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Bithlo, FL is 74. This is a increase of 41.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $738,000 | 11.0% |
Listing Count | 63 | 75.0% |
| Listings as % of Homes | 0.7% | 75.0% |
Days on Market | 74 | 41.0% |
Demographics — Bithlo, FL
As of the latest ACS Survey released in 2023, Bithlo, FL has a population of 11,100, which has increased by 20.5% over the past 5 years. Bithlo, FL is a moderately popular place for families, as children make up 23.5% of the population. The area has a highly educated workforce, with 46.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,100 | 20.5% |
% Under 18 | 23.5% | -2.5% |
% Seniors | 11.4% | 48.1% |
% WFH | 14.0% | 86.7% |
% w/ College Degree | 46.8% | 40.1% |
As of the latest ACS Survey released in 2023, Bithlo, FL is a predominantly white area, with 43.6% of the population identifying as white. The white population has shrunk by 21.6% in the last 5 years. The second most common race or ethnicity in Bithlo, FL is hispanic, making up 29.1% of the population. Foreign-born residents account for 19.1% of the population in Bithlo, FL, and this percentage has increased by 33.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 43.6% | -21.6% |
% Black | 16.8% | 24.4% |
% Hispanic | 29.1% | 12.4% |
% Asian | 3.2% | -27.3% |
% Foreign Born | 19.1% | 33.6% |
Mortgage and Risk — Bithlo, FL
According to HUD data as of 2023, there were 239 mortgage originations in Bithlo, FL, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Bithlo, FL. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 239 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Bithlo, FL
As of 2024, the percent of homes in Bithlo, FL under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bithlo, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,370 | $750 | $2,120 |
| 2 Bedroom | $650 | $1,750 | $2,400 |
| 3 Bedroom | $750 | $2,300 | $3,050 |
| 4 Bedroom | $1,010 | $2,620 | $3,630 |
Affordability — Bithlo, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $532,000 |
| Median Household Income | $104,000 |