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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices rise in 2018

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The median sale price of a home sold in 2018 in North Bay Village rose by $1,650 while total sales decreased by 11.2%, according to BlockShopper.com.

From January through December of 2018, there were 254 homes sold, with a median sale price of $234,400 - a 0.7% increase over the $232,750 median sale price for the previous year. There were 286 homes sold in North Bay Village in 2017.

The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.3% of the median home sale price for 2018.

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

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Kendall1,5231,4872.4%$272,000$255,0006.7%
Cutler Bay1,0291,0161.3%$270,000$257,6504.8%
Opa-Locka (unincorporated) 2222115.2%$256,500$224,00014.5%
Richmond Heights179187-4.3%$240,000$194,00023.7%
Homestead (unincorporated) 978996-1.8%$235,000$207,00013.5%
North Bay Village254286-11.2%$234,400$232,7500.7%
Sweetwater95106-10.4%$229,000$260,000-11.9%
Miami (unincorporated) 8,5388,4051.6%$225,000$215,0004.7%
North Miami Beach (unincorporated) 271758.8%$210,000$199,2005.4%
Miami Gardens1,7591,7560.2%$200,100$180,00011.2%
Hialeah1,9041,906-0.1%$200,000$178,00012.4%

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