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Bradenton real estate market overview
- Average Monthly Rent: $1,974
- Home Price/Value Percentage Change: 10.20%
- Median Home Value: $390,138
- Best Time To Sell a Home: April
- Affordability Index: Moderate
- Days To Sell a House: 61
- Job Market: Fair
- Public School Ranking: 18
Location and weather
Bradenton Florida is located along the Manatee River, just south of Tampa Bay and north of Sarasota. Only minutes away from the beautiful islands of Anna Maria, this amicable city is an attraction for potential residents looking to settle near fresh and saltwater waterways. Similar to most Floridian cities, the weather here is primarily warm year-round, with lows in the 50s during winter months.
August and July are described as the most humid months of the year, and there's around 100 days of rainfall per year.
Population, job market and cost of living
Bradenton's population is 57,543, with a growth rate of 1.08% annually.
The job market has decreased by -5.84% over the last year. In ten years, job growth is predicted to be 42.46%. Considering this region is flourishing with preserves, state parks, beaches and golf clubs, the employment opportunities here are primarily out-doors. Some of the largest industries in Bradenton include tourism, finance, manufacturing, and technology. This city offers close proximity to pristine beaches, an easy going downtown night-life and small-city appeal, at a lower cost of living.
Bradenton is more affordable than most cities in Florida, with housing being the largest expense for residents.
Bradenton real estate market details
- West Bradenton
- Palma Sola
- Perico
- Braden River East
- Covenant Way
The average monthly rent in Bradenton is $1,974 for an average apartment size of 985 sq. feet.
There has been a 10.2% increase in Bradenton median home value over the last year. As of 2023, the median home value is $390,138.
On average, homes in Bradenton sell after 61 days on the market.
The best time to sell a home for the highest value is in April and the quickest sale is also in April.
The affordability index in Bradenton is 98. This number indicates moderate affordability in this city.
The top ranked public schools are State College of Florida Collegiate School, Robert Willis Elementary School, Gene Witt Elementary School, Gilbert W McNeal elementary School and Louise R Johnson K-8 School Of International Studies. This information derives from general educator statistics, school attendance, and the US Department of Education.