The Southwest Coconut Grove housing market is not very competitive. The median sale price of a home in Southwest Coconut Grove was $2.2M last month, up 6.7% since last year. The median sale price per square foot in Southwest Coconut Grove is $897, up 20.2% since last year.
What is the housing market like in Southwest Coconut Grove today?
In March 2024, Southwest Coconut Grove home prices were up 6.7% compared to last year, selling for a median price of $2.2M. On average, homes in Southwest Coconut Grove sell after 115 days on the market compared to 92 days last year. There were 31 homes sold in March this year, up from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$2,200,000
+6.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Coconut Grove, FL
$2,200,000
+6.7%
United States
To compare other locations to the Southwest Coconut Grove and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Miami add value to a home.
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How hot is the Southwest Coconut Grove housing market?
Southwest Coconut Grove is not very competitive. Homes sell in 83 days.
0
100
14
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 3 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 83 days.
Hot homes
can sell for about 1% below list price and go pending in around 22 days.
Learn about schools in the Southwest Coconut Grove area
Elementary
Middle
High
GreatSchools Rating
10/10
Coconut Grove Elementary School
Public • PreK-5
524
Students
30 reviews
9/10
George W. Carver Elementary School
Public • PreK-5
537
Students
29 reviews
4/10
Frances S. Tucker Elementary School
Public • PreK-5
285
Students
2 reviews
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 Southwest Coconut Grove housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Coconut Grove.
Risk Factor
Flood Factor - Major
62% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Coconut Grove has a major risk of flooding. 204 properties in Southwest Coconut Grove are likely to be
severely affected
by flooding over the next 30 years. This represents 62% of all properties in Southwest Coconut Grove. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Southwest Coconut Grove has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Coconut Grove is most at risk from hurricanes. 2,914 properties in Southwest Coconut Grove 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 219 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 234 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Southwest Coconut Grove has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southwest Coconut Grove have an Extreme Heat Factor®.
Southwest Coconut Grove is expected to see a 285% increase in the number of days over 104ºF over the next 30 years. Southwest Coconut Grove is expected to experience 6