From January through December of 2017, there were 286 homes sold, with a median sale price of $232,750 - a 1.6% increase over the $229,000 median sale price for the previous year. There were 247 homes sold in North Bay Village in 2016.
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 2017.
The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Doral | 943 | 935 | 0.9% | $270,000 | $270,000 | 0% |
| Sweetwater | 106 | 91 | 16.5% | $260,000 | $190,000 | 36.8% |
| Cutler Bay | 1,016 | 1,121 | -9.4% | $257,650 | $226,000 | 14% |
| Kendall | 1,487 | 1,560 | -4.7% | $255,000 | $236,000 | 8.1% |
| Palmetto Estates | 217 | 242 | -10.3% | $242,000 | $223,400 | 8.3% |
| North Bay Village | 286 | 247 | 15.8% | $232,750 | $229,000 | 1.6% |
| Opa-Locka (unincorporated) | 211 | 224 | -5.8% | $224,000 | $190,050 | 17.9% |
| Miami (unincorporated) | 8,405 | 9,157 | -8.2% | $215,000 | $185,000 | 16.2% |
| Homestead (unincorporated) | 996 | 1,032 | -3.5% | $207,000 | $175,000 | 18.3% |
| North Miami Beach (unincorporated) | 17 | 13 | 30.8% | $199,200 | $148,000 | 34.6% |
| Richmond Heights | 187 | 171 | 9.4% | $194,000 | $180,000 | 7.8% |
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