The North Bay Village housing market is not very competitive. The median sale price of a home in North Bay Village was $550K last month, down 4.3% since last year. The median sale price per square foot in North Bay Village is $339, down 26.9% since last year.
What is the housing market like in North Bay Village today?
In February 2025, North Bay Village home prices were down 4.3% compared to last year, selling for a median price of $550K. On average, homes in North Bay Village sell after 96 days on the market compared to 68 days last year. There were 6 homes sold in February this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$550,000
-4.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
North Bay Village, FL
$550,000
-4.3%
United States
To compare other locations to the North Bay Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. North Bay Village's median sale price is 37% lower than the national average. Overall cost of living in North Bay Village is 21% higher than the national average. Learn which home features in North Bay Village add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in North Bay Village
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How hot is the North Bay Village housing market?
North Bay Village is not very competitive. Homes sell in 99.5 days.
0
100
15
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 100 days.
Hot homes
can sell for about 2% below list price and go pending in around 53 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
North Bay Village, FL
95.1%
+0.1 pt
United States
North Bay Village Migration & Relocation Trends
In Jan '25 - Mar '25, 29% of North Bay Village homebuyers searched to move out of North Bay Village, while 71% looked to stay within the metropolitan area.
Where are people moving to North Bay Village from?
Across the nation, 3% of homebuyers searched to move into North Bay Village from outside metros.
New York homebuyers searched to move into North Bay Village more than any other metro followed by San Francisco and Washington.
Where are people from North Bay Village moving to?
71% of North Bay Village homebuyers searched to stay within the North Bay Village metropolitan area.
Cape Coral was the most popular destination among North Bay Village homebuyers followed by Orlando and Sarasota.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
View houses in North Bay Village that sold recently
Recently sold homes
SOLD APR 25, 2025
$610,000 Last Sold Price
2 beds
2 baths
1,735 sq ft
7901 Hispanola Ave #1907, North Bay Village, FL 33141
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Bay Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Bay Village.
Flood Factor - Extreme
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Bay Village has an extreme risk of flooding. 454 properties in North Bay Village are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in North Bay Village. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
North Bay Village has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Bay Village is most at risk from hurricanes. 514 properties in North Bay Village have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 221 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 238 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
North Bay Village has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in North Bay Village have an Extreme Heat Factor®.
North Bay Village is expected to see a 271% increase in the number of days over 102ºF over the next 30 years. North Bay Village is expected to experience 7