Why Live in North Bay Village
North Bay Village, FL, is a waterfront city spread across three islands in Biscayne Bay, offering a unique coastal living experience. With nearly five miles of coastline, the city is ideally situated between Miami Beach and the Wynwood District, providing easy access to major Miami destinations. Home to nearly 8,000 residents, the city features a mix of high-rise condos and single-family homes, with popular styles including mid-century modern and ranch. Harbor Island is known for its condominiums, North Bay Island for single-family homes, and Treasure Island for a mix of both. The median home price is $535,000, with single-family homes averaging around $1.4 million. North Bay Village is served by Miami-Dade County Public Schools, which are highly rated, though students must travel to the mainland or Miami Beach for middle and high school. The city’s Parks and Recreation Department manages three community parks and a dog park, with plans for a new community center and additional sports facilities. Popular local dining options include Benihana and Osteria Del Teatro, while Presidente Supermarket is the main grocery store. The North Bay Village Shuttle and Miami-Dade County Metrobus Route 79 provide convenient transportation within and outside the city. Wynwood is about 6 miles west, Miami Beach is 3 miles east, and Miami International Airport is 12 miles away. While the city enjoys a county-wide decrease in crime, it is susceptible to flooding, and flood insurance is recommended.
Home Trends in North Bay Village, FL
On average, homes in North Bay Village, FL sell after 112 days on the market compared to the national average of 51 days. The median sale price for homes in North Bay Village, FL over the last 12 months is $499,000, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$499,000
Median Single Family Sale Price
$1,550,000
Median 2 Bedroom Sale Price
$520,000
Median 1 Bedroom Sale Price
$270,000
Average Price Per Sq Ft
$660
Number of Homes for Sale
113
Last 12 months Home Sales
62
Median List Price
$539,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
16%