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Balm, FL
Full City Profile · Florida · Hillsborough County County
3.3
/5.0
B
Good
5,362
Population
533/sq mi density
$104,347
Median Income
$41,257 per capita
$312,600
Home Value
$363,993 Zillow
$1,679
Median Rent
16.9% income on rent
73°F
Avg Temperature
330 sunny days/yr
582
Violent Crime/100K
2,428 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$104,347 median income, 6.0% unemployment
A+
Affordability
5.0 / 5.0
$312,600 home value, $1,679/mo rent
F
Safety
1.0 / 5.0
582 violent crimes/100K (53% above avg)
C+
Education
2.9 / 5.0
24.2% bachelor's degree or higher
Housing Overview
Median Home Value
$312,600
11% above
US avg: $281,900
Median Rent
$1,679/mo
44% above
US avg: $1,163/mo
Homeownership Rate
86.5%
32% above US avg (65.4%)
Total Housing Units
1,816
Median year built: 2013
Home Value by Source
Census Median
$312,600
Zillow (ZHVI)
$363,993
Median Sale Price
$314,500
Median List Price
$380,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.5%
Owner-Occupied
13.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,679/mo
Market Indicators (Redfin)
Median Days on Market
45 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
29.4%
of listings with price reduction
Price Per Sq Ft
$201
Active Inventory
51
homes for sale
Affordability & Housing Stock
Rent Burden
16.9%
of renters spending 30%+ of income on housing
45% below US avg (31.0%)
Median Year Built
2013
Average age of housing stock: 13 years
Homeownership Rate
86.5%
Complete Housing Data
Home Values
| Census Median Value | $312,600 |
| Zillow Home Value (ZHVI) | $363,993 |
| Median Sale Price | $314,500 |
| Median List Price | $380,000 |
| Price Per Sq Ft | $201 |
Rent
| Census Median Rent | $1,679 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 45 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 29.4% |
| Homes Sold | 5 |
| Active Inventory | 51 |
| Price Per Sq Ft | $201 |
Ownership & Stock
| Owner-Occupied | 86.5% |
| Renter-Occupied | 13.5% |
| Homeownership Rate | 86.5% |
| Total Housing Units | 1,816 |
| Median Year Built | 2013 |
| Rent Burden | 16.9% |