North Bay Village Home Prices & Values

$235,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 33.2% 1-year change
  • 11.3% 1-year forecast

Market Temperature: CoolWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in North Bay Village is $235,300. North Bay Village home values have gone up 33.2% over the past year and Zillow predicts they will rise 11.3% within the next year. The median list price per square foot in North Bay Village is $250, which is higher than the Miami-Fort Lauderdale Metro average of $158. The median price of homes currently listed in North Bay Village is $263,000 while the median price of homes that sold is $221,538. The median rent price in North Bay Village is $2,200, which is higher than the Miami-Fort Lauderdale Metro median of $1,800.

Relative ZHVI
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North Bay Village Market Overview

Data through Mar 31, 2014
  • $235,300 ZHVI
  • 11.3% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Mar 31, 2015)
  • $263,000 Median listing price
  • No recent data Median sale price
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North Bay Village Market Health

Data through Mar 31, 2014
  • 9.4/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region’s housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (19.4% US Avg)
  • No data Delinquent on mortgage (8.0% US Avg)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Surfside $531,100 Miami Shores $433,200 Miami Beach $348,800
Biscayne Park $348,700 El Portal $279,100 Miami $269,400
Bay Harbor Islands $228,900 North Miami $132,100 West Little River $89,700

Listings & Sales

Data through Mar 31, 2014
  • $250 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.1% Listings with price cut
23.3%
Sold below listing
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North Bay Village Rentals

Data through Mar 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,771 North Bay Village
$1,744 Miami-Fort Lauderdale Metro
$1,315 United States
  • No recent data Breakeven horizon
  • $2,200 Rent list price
  • $1.74 Rent list price / sq ft
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