Redland, FL—33031
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Redland, FL
As of Oct '25, the median home price in Redland, FL is $899,000, with a year-over-year change of -0.0%. This indicates that home prices in Redland, FL are flat. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $899,000 | -0.0% |
| Single Family | $900,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $760,000 | -1.9% |
3 Bed | $800,000 | -1.4% |
4 Bed | $921,000 | -0.3% |
| 5 Bed | $1,220,000 | -1.5% |
% of Housing Stock
Rental Trends — Redland, FL
As of July '25, Rentcast reports the average rent in Redland, FL is $4,020, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Redland, FL is 1-bedrooms: $1,620, 2-bedrooms: $2,570, 3-bedrooms: $3,700, 4-bedrooms: $5,150. The most common rental property sizes in Redland, FL are 3-bedroom and 4-bedroom, accounting for 79.8% and 14.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,600 | $4,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,620 |
| 2 Bed Rent | $2,600 | $2,570 |
| 3 Bed Rent | $3,400 | $3,700 |
| 4 Bed Rent | $5,000 | $5,150 |
% of Rental Stock
Property Listings — Redland, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Redland, FL is 67. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,260,000 | 8.0% |
Listing Count | 79 | -4.0% |
| Listings as % of Homes | 2.3% | -4.0% |
Days on Market | 67 | -16.0% |
Demographics — Redland, FL
As of the latest ACS Survey released in 2023, Redland, FL has a population of 7,800, which has increased by 5.5% over the past 5 years. Redland, FL is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,800 | 5.5% |
% Under 18 | 20.7% | -21.6% |
% Seniors | 15.8% | 7.5% |
% WFH | 6.7% | 31.4% |
% w/ College Degree | 20.5% | 8.5% |
As of the latest ACS Survey released in 2023, Redland, FL is a predominantly hispanic area, with 61.7% of the population identifying as hispanic. The hispanic population has grown by 25.7% in the last 5 years. The second most common race or ethnicity in Redland, FL is white, making up 31.8% of the population. Foreign-born residents account for 41.7% of the population in Redland, FL, and this percentage has increased by 28.7% 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 | 31.8% | -22.4% |
% Black | 2.8% | -66.7% |
% Hispanic | 61.7% | 25.7% |
% Asian | 1.5% | ∞% |
% Foreign Born | 41.7% | 28.7% |
Mortgage and Risk — Redland, FL
According to HUD data as of 2023, there were 246 mortgage originations in Redland, FL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Redland, FL. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 246 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Redland, FL
As of 2024, the percent of homes in Redland, FL under the Section 8 program is 2.4%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Redland, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $1,450 | $1,870 |
| 2 Bedroom | -$310 | $2,600 | $2,290 |
| 3 Bedroom | -$440 | $3,400 | $2,960 |
| 4 Bedroom | -$1,540 | $5,000 | $3,460 |
Affordability — Redland, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $899,000 |
| Median Household Income | $107,000 |