North Bay Village, FL

Buyer's market-24.1% YoY

Housing market overview · Updated weekly

$417,500median sale price

Homes sold

12

Last 12 weeks

Days on market

224

Average pace

Active listings

129

10.8 months supply

Sale-to-list

94.2%

Below asking

The North Bay Village housing market is currently classified as a buyer's market with a median sale price of $417,500. Prices have fallen 24.1% compared to last year, with homes spending an average of 224 days on market, indicating 10.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in North Bay Village

There are currently 129 homes listed for sale in North Bay Village, Florida. The median listing price is $395K.

Active listings

129

Homes on market

Median list price

$395K

Avg. days on market

224

Days until sale

New this week

21

Newly listed

Price drops:14.0%of listings
Sale-to-list:94.2%

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Frequently asked questions

What is the average home price in North Bay Village?

The median home sale price in North Bay Village is $417,500, down 24.1% from last year.

How long do homes stay on market in North Bay Village?

Homes typically spend 224 days on market before going under contract.

Is North Bay Village a buyer's or seller's market?

With 10.8 months of supply, North Bay Village is currently a buyer's market.

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