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North Bay Village 20100813Photo: Averette · CC BY 3.0
Housing in North Bay Village

120 homes sold in North Bay Village in the last year, at a typical $452K

Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where North Bay Village homes are listed.

Homes for sale in North Bay VillageZillowRedfinRealtor.comMore places to look ↓
Homes sold
120
October 2025 to September 2026
Typical sale price
$452K
houses $3.5M · condos $404K (year to May 2026)
Price per square foot
$400
Florida $243
Paid vs. asking
94.8%
5% sold over asking
For sale now
134
September 2026 · 12 sold that month
What sold · last 12 months

85% of North Bay Village’s sales are condos, at $3.1M less than a house

18 houses and 107 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$3.5M

typical sale · 18 sold in the year to May 2026

Per square foot
$1,141FL $245
Days to sell
111
Sold over asking
11%
Listings with a price cut
16%
Condos$404K

typical sale · 107 sold in the year to May 2026

Per square foot
$378FL $262
Days to sell
172
Sold over asking
3%
Listings with a price cut
16%
Fewer sales

Townhouses: 1 sold, typical $550K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2016 price

120 sales in the last year, against 339 in 2021 and a low of 119 in 2025. The typical sale went from $260K in 2016 to $452K.

Homes soldTypical sale price
087175262350$225K$350K$475K$600K2012: 276 sold, typical $159K’122013: 286 sold, typical $219K2014: 251 sold, typical $248K’142015: 225 sold, typical $244K2016: 197 sold, typical $260K’162017: 232 sold, typical $244K2018: 190 sold, typical $246K’182019: 212 sold, typical $262K2020: 189 sold, typical $278K’202021: 339 sold, typical $333K2022: 298 sold, typical $389K’222023: 192 sold, typical $431K2024: 154 sold, typical $514K’242025: 119 sold, typical $438KLast 12 months: 120 sold, typical $452KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $450K buys in North Bay Village

Houseat $1,141 a sq ft, year to May 2026
Condoat $378 a sq ft, year to May 2026
The same money in Floridaat $245 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what North Bay Village homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in North Bay Village are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of North Bay Village’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 120 sales.

If you’re buying in North Bay Village

  • Shop in September. It brings about 28 new listings a month, close to the busiest month, with fewer bidding wars (4% over asking).
  • Offer under asking. Buyers paid 94.8% of the list price on average; 5% paid over.
  • You’ll usually have time. Only 7% of homes go under contract within two weeks; the typical one takes 132 days.
Best time to buy

Winter brings both the most homes and the most bidding wars

February has the most new listings (about 35 a month), but December is the most competitive: 9% of December sales close over asking. August and September offer nearly as much choice with fewer homes bid up (5%). September has the least competition (4%).

New listings a monthShare sold over asking
08.817.526.3357%13%20%Sweet spotJan: 34 new listings a month, 6% sold over asking, 109 days to sellJFeb: 35 new listings a month, 6% sold over asking, 112 days to sellFMar: 33 new listings a month, 6% sold over asking, 113 days to sellMApr: 31 new listings a month, 7% sold over asking, 114 days to sellAMay: 32 new listings a month, 8% sold over asking, 97 days to sellMJun: 31 new listings a month, 8% sold over asking, 110 days to sellJJul: 32 new listings a month, 5% sold over asking, 141 days to sellJAug: 30 new listings a month, 5% sold over asking, 122 days to sellASep: 28 new listings a month, 4% sold over asking, 126 days to sellSOct: 35 new listings a month, 5% sold over asking, 95 days to sellONov: 27 new listings a month, 5% sold over asking, 108 days to sellNDec: 22 new listings a month, 9% sold over asking, 121 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Florida as a whole

North Bay Village now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price5%5%10%9%
Gone within two weeksShare of homes under contract within 14 days7%6%17%21%
Price paid vs. askingAverage sale price ÷ list price94.8%94.5%96.5%96.4%
Days to sellMedian days from listing to contract13214110575
Supply

135 homes for sale on a typical day

That’s 1.4 times the 2022 low (96), 33% fewer than in 2017–19 and well under 2016’s 221.

2014: 180 for sale’142015: 173 for sale2016: 221 for sale2017: 218 for sale’172018: 182 for sale2019: 201 for sale2020: 172 for sale’202021: 115 for sale2022: 96 for sale2023: 115 for sale’232024: 139 for sale2025: 165 for saleLast 12 months: 135 for saleNow
Prices by type

Since 2019, houses are up 368%, condos 64%

A house typically sold for $3.5M in the year to May 2026 (18 sales), a condo for $404K (107).

$1M$2M$2.9M$3.8M2013201520172019202120232025NowHouses 2013: $613K, 27 salesHouses 2014: $562K, 20 salesHouses 2015: $813K, 23 salesHouses 2016: $932K, 23 salesHouses 2017: $585K, 22 salesHouses 2018: $708K, 15 salesHouses 2019: $740K, 26 salesHouses 2020: $836K, 24 salesHouses 2021: $1.1M, 48 salesHouses 2022: $1.4M, 29 salesHouses 2023: $1.8M, 15 salesHouses 2024: $2.4M, 29 salesHouses 2025: $3.6M, 14 salesHouses last 12 months: $3.5M, 18 salesHouses $3.5MCondos 2013: $201K, 255 salesCondos 2014: $229K, 230 salesCondos 2015: $219K, 201 salesCondos 2016: $232K, 174 salesCondos 2017: $219K, 206 salesCondos 2018: $235K, 174 salesCondos 2019: $247K, 186 salesCondos 2020: $254K, 164 salesCondos 2021: $303K, 291 salesCondos 2022: $369K, 269 salesCondos 2023: $388K, 174 salesCondos 2024: $416K, 123 salesCondos 2025: $403K, 103 salesCondos last 12 months: $404K, 107 salesCondos $404K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Florida

North Bay Village ranks 412th of 542 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. North Bay Village is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical North Bay Village home costs about $2,793 a month

Mortgage
Property tax
Insurance
Rent

Price: North Bay Village’s typical sale, last 12 months. Property tax at North Bay Village’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether North Bay Village is affordable on local pay is on Cost of living.

Before you buy in North Bay Village

Six things worth knowing

35

New listings in February

The month with the most choice. December has the fewest, about 22.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $452K home, about $5,220 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for North Bay Village, from test results, graduation and how much students grow.

Schools in North Bay Village
34 min

Typical commute

The average one-way trip to work for people who live in North Bay Village.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Miami Shores, Surfside, Miami Beach, El Portal, Bay Harbor Islands and Biscayne Park for far more

The busier markets within 25 miles of North Bay Village, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Miami Beach2,021$615K$6123%138
Miami Shores173$1.2M$6498%107
Bay Harbor Islands140$1.1M$6550%155
Surfside135$1.4M$8563%137
North Bay Village120$452K$4005%132
Biscayne Park56$1.3M$6145%103
El Portal32$1M$57713%114

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to North Bay Village, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to North Bay Village. People who follow the town see it, and so do people comparing North Bay Village with their own town. No commission, no listing fee.

Questions about buying a home in North Bay Village

What do homes sell for in North Bay Village, FL?

120 homes sold in the year to September 2026 at a typical $452K, $400 a square foot. Houses sold for about $3.5M, condos for about $404K in the year to May 2026.

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

A buyer’s market: 134 homes were for sale in September 2026 and 12 sold, about 10.9 months of supply. Buyers paid 94.8% of asking on average.

When is the best time to buy in North Bay Village?

February brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in North Bay Village?

About 1.2% of a home’s value a year. On a $452K home that’s near $5,220.

Where can I see homes for sale in North Bay Village?

Zillow, Redfin, Realtor.com and Homes.com all carry North Bay Village’s MLS listings; the search links above open each one filtered to North Bay Village.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).