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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices rise in April 2018

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The median sale price of a home sold in April 2018 in North Bay Village rose by $41,250 while total sales decreased by 20%, according to BlockShopper.com.

In April 2018, there were 24 homes sold, with a median sale price of $225,000 - a 22.4% increase over the $183,750 median sale price for the same period of the previous year. There were 30 homes sold in North Bay Village in April 2017.

The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.4% of the median home sale price for April 2018.

The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Miami61855511.4%$261,500$287,000-8.9%
Doral987727.3%$257,100$275,000-6.5%
Homestead (unincorporated) 1038521.2%$235,000$200,00017.5%
Opa-Locka (unincorporated) 232015%$235,000$220,0006.8%
Miami (unincorporated) 7647009.1%$230,500$220,0004.8%
North Bay Village2430-20%$225,000$183,75022.4%
Richmond Heights1521-28.6%$215,000$220,000-2.3%
North Miami957723.4%$200,000$143,20039.7%
Hialeah1701559.7%$190,000$187,1001.5%
Miami Gardens15713020.8%$190,000$175,6508.2%
North Miami Beach755829.3%$190,000$119,40059.1%

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