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Sarah Mitchell

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Compass Real Estate · Bay Harbor Islands, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bay Harbor Islands, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bay Harbor Islands, FL Housing Market & Real Estate

Buyer's market+213.3% YoY

Housing market overview · Updated monthly ·

$2.82Mmedian sale price

How is the Bay Harbor Islands, FL housing market right now?

The median home sale price in Bay Harbor Islands, FL is $2.82M, up 213.3% year-over-year. Homes sell in an average of 152 days with 149 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Bay Harbor Islands a buyer's or seller's market?

Buyer's market8.8 months of supply152 avg. days on market

Bay Harbor Islands, FL is currently a buyer's market, based on 8.8 months of supply and homes selling in about 152 days. How we determine this →

Homes sold

17

Last 12 weeks

Days on market

152

Average pace

Active listings

149

8.8 months supply

Sale-to-list

93.5%

Below asking

What does the Bay Harbor Islands housing market data show?

Current housing market statistics for Bay Harbor Islands, FL
MetricValue
Median sale price$2.82M
Median list price$1.75M
Year-over-year price change+213.3%
Average days on market152 days
Active inventory149 listings
Months of supply8.8 months
Sale-to-list price ratio93.5%
Median price per sq ft$1,360/sq ft
Homes sold (latest month)17
New listings (latest month)19
Listings with a price cut12.8%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Bay Harbor Islands by property type?

How the Bay Harbor Islands, FL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bay Harbor Islands, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$4.57M$1,400/sq ft3152 days
Condo / Co-op$2.19M$1,321/sq ft14160 days

Source: Redfin · Updated monthly

The Bay Harbor Islands housing market is currently classified as a buyer's market with a median sale price of $2.82M. Prices have risen 213.3% compared to last year, with homes spending an average of 152 days on market, indicating 8.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 8.0x provides context for how home values compare to local earning capacity.

Homes for sale in Bay Harbor Islands

There are currently 149 homes listed for sale in Bay Harbor Islands, Florida. The median listing price is $1.8M. Featured listings range from $545,000 to $5,319,600.

3 bedroom condo for sale at 9292 W Bay Harbor Dr Unit 200 Bay Harbor Islands
$0

9292 W Bay Harbor Dr Unit 200

Bay Harbor Islands, FL

3 bd4 ba3,200 sqft0
Condo
View photos & details
2 bedroom condo for sale at 10000 W Bay Harbor Dr Ph 4 Bay Harbor Islands - $545,000
$545,000

10000 W Bay Harbor Dr Ph 4

Bay Harbor Islands, FL

2 bd3 ba1,441 sqft$378/ft²
Condo
View photos & details
2 bedroom condo for sale at 9821 E Bay Harbor Dr Apt 502 Bay Harbor Islands - $879,000
$879,000

9821 E Bay Harbor Dr Apt 502

Bay Harbor Islands, FL

2 bd2 ba1,142 sqft$770/ft²
Condo
View photos & details
2 bedroom condo for sale at 9940 W Bay Harbor Dr Unit 6A-N Bay Harbor Islands - $895,000
$895,000

9940 W Bay Harbor Dr Unit 6A-N

Bay Harbor Islands, FL

2 bd2 ba1,239 sqft$722/ft²
Condo
View photos & details
2 bedroom condo for sale at 9940 W Bay Harbor Dr Unit 5E-N Bay Harbor Islands - $999,000
$999,000

9940 W Bay Harbor Dr Unit 5E-N

Bay Harbor Islands, FL

2 bd2 ba1,106 sqft$903/ft²
Condo
View photos & details
2 bedroom condo for sale at 9540 W Bay Harbor Dr Unit 301 Bay Harbor Islands - $1,050,000
$1,050,000

9540 W Bay Harbor Dr Unit 301

Bay Harbor Islands, FL

2 bd3 ba791 sqft$1327/ft²
Condo
View photos & details
2 bedroom condo for sale at 9261 E Bay Harbor Dr Unit 607 Bay Harbor Islands - $1,129,000
$1,129,000

9261 E Bay Harbor Dr Unit 607

Bay Harbor Islands, FL

2 bd2 ba1,305 sqft$865/ft²
Condo
View photos & details
2 bedroom condo for sale at 9901 W Bay Harbor Dr Apt 506 Bay Harbor Islands - $1,498,900
$1,498,900

9901 W Bay Harbor Dr Apt 506

Bay Harbor Islands, FL

2 bd2 ba1,366 sqft$1097/ft²
Condo
View photos & details
2 bedroom condo for sale at 9201 E Bay Harbor Dr Unit 604 Bay Harbor Islands - $2,250,000
$2,250,000

9201 E Bay Harbor Dr Unit 604

Bay Harbor Islands, FL

2 bd3 ba1,861 sqft$1209/ft²
Condo
View photos & details
4 bedroom condo for sale at 1130 100th St Unit 2B Bay Harbor Islands - $3,075,000
$3,075,000

1130 100th St Unit 2B

Bay Harbor Islands, FL

4 bd5 ba3,201 sqft$961/ft²
Condo
View photos & details
3 bedroom condo for sale at 10141 E Bay Harbor Dr Unit 702 Bay Harbor Islands - $4,504,000
$4,504,000

10141 E Bay Harbor Dr Unit 702

Bay Harbor Islands, FL

3 bd4 ba2,815 sqft$1600/ft²
Condo
View photos & details
3 bedroom condo for sale at 10141 E Bay Harbor Dr Unit 703 Bay Harbor Islands - $5,319,600
$5,319,600

10141 E Bay Harbor Dr Unit 703

Bay Harbor Islands, FL

3 bd4 ba3,224 sqft$1650/ft²
Condo
View photos & details

Looking to buy in Bay Harbor Islands?

Get connected with a local real estate expert — free, no obligation.

Active listings

149

Homes on market

Median list price

$1.8M

Avg. days on market

152

Days until sale

New this week

19

Newly listed

Price drops:12.8%of listings
Sale-to-list:93.5%

Who lives in Bay Harbor Islands?

Population

5,793

Median income

$84,750/yr

Median age

36 years

Owner-occupied

50.9%

College grads

55.6%

Avg commute

30.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Bay Harbor Islands?

Zillow home value

$680,617

Zillow rent index

$3,303/mo

Price-to-rent ratio

17.2x

Price-to-income

8.0x

Source: Zillow Research

What is it like to live in Bay Harbor Islands?

Bay Harbor Islands is a community of approximately 6K residents with a median age of 36 years.The median household income is $84,750, which reflects a relatively affluent area with strong earning potential. 55.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 50.9%, showing a blend of owner and renter-occupied properties. The average commute time is 30.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Bay Harbor Islands offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Bay Harbor Islands?

1 schools tracked · 1,241 students

The largest public schools serving Bay Harbor Islands, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

RUTH K. BROAD BAY HARBOR K-8 CENTER

Grades PK-8 · 1,241 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Bay Harbor Islands, FL?

Want a head-to-head view? Compare Bay Harbor Islands side-by-side with any other U.S. city using our market-comparison tool.

Is Bay Harbor Islands a good real estate investment market?

For investors evaluating Bay Harbor Islands, the price-to-rent ratio of 17.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 213.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bay Harbor Islands's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bay Harbor Islands's median home price.

Frequently asked questions

What is the average home price in Bay Harbor Islands?

The median home sale price in Bay Harbor Islands is $2.82M, up 213.3% from last year.

How long do homes stay on market in Bay Harbor Islands?

Homes typically spend 152 days on market before going under contract.

What is the median income in Bay Harbor Islands?

The median household income is $84,750 per year.

Is Bay Harbor Islands a buyer's or seller's market?

With 8.8 months of supply, Bay Harbor Islands is currently a buyer's market.

How many homes are for sale in Bay Harbor Islands?

There are currently 149 homes listed for sale in Bay Harbor Islands, FL.

What is the Zillow home value estimate for Bay Harbor Islands?

The Zillow Home Value Index (ZHVI) for Bay Harbor Islands is $680,617, representing the typical home value in the area.

What is the median condo price in Bay Harbor Islands?

The median condo/co-op sale price in Bay Harbor Islands, FL is $2.19M, compared to $4.57M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Bay Harbor Islands?

The median single-family home price in Bay Harbor Islands, FL is $4.57M (about $1,400 per square foot).

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