Redland, FL 33031 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Redland, FL—33031

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$908,000

0.5% YoY Growth

Household Income

$107,000

46.8% YoY Growth

Days on Market

13.0% Shorter YoY

Home Price Forecast

1.2%

Median Rent

$3,600

4.5% YoY Growth

1-Bed Rent

$1,450

5.9% YoY Growth

2-Bed Rent

$2,600

12.0% YoY Growth

3-Bed Rent

$3,400

23.1% YoY Growth

Home Price Trends — Redland, FL

As of May '26, the median home price in Redland, FL is $908,000, with a year-over-year change of 0.5%. This indicates that home prices in Redland, FL are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$908,000	0.5%
Single Family	$910,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

5.4%

3 Bedrooms

79.8%

4 Bedrooms

14.8%

Property Listings — Redland, FL

As of May '26, Realtor.com reports that the median days on market for a home in Redland, FL is 79. This is a decrease of -13.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,300,000	7.0%
Listing Count	74	4.0%
Listings as % of Homes	2.3%	4.0%
Days on Market	79	-13.0%

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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%

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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%

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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%

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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

Redland, FL—33031

Key Metrics at a Glance

Home Price Trends — Redland, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Redland, FL

% of Rental Stock

Property Listings — Redland, FL

Demographics — Redland, FL

Race and Ethnicity

Mortgage and Risk — Redland, FL

Mortgages

Rentals and Section 8 — Redland, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Redland, FL

Home Price to Income Ratio

Redland, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Homestead, FL

Goulds, Miami, FL

Richmond West, Miami, FL

Homestead, FL

Homestead, FL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.2
Median Home Price	$908,000
Median Household Income	$107,000

Redland, FL—33031

Key Metrics at a Glance

Home Price Trends — Redland, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Redland, FL

% of Rental Stock

Property Listings — Redland, FL

Demographics — Redland, FL

Race and Ethnicity

Mortgage and Risk — Redland, FL

Mortgages

Rentals and Section 8 — Redland, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Redland, FL

Home Price to Income Ratio

Redland, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Homestead, FL

Goulds, Miami, FL

Richmond West, Miami, FL

Homestead, FL

Homestead, FL

Frequently Asked Questions

What is the average home price in Redland, FL 33031?

How have home prices in Redland, FL 33031 changed over the past year?

What is the home price projection for Redland, FL 33031?

What are the demographics of Redland, FL 33031?

How long does it take homes to sell in Redland, FL 33031?

What is the average rent price in Redland, FL 33031?