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Palmetto Bay

Why you'd want to live in Palmetto Bay

The Village of Palmetto Bay is served by the Miami market for local radio and television. The Village has its own newspaper, The Palmetto Bay News, which is published bi-weekly and is part of Miami Community Newspapers. Additionally, The Miami Herald covers the Village in its South Dade edition of its "Neighbors" supplement.

Palmetto Bay Market Report

$796,899

AVERAGE PRICE OF 188 HOMES

$545,116

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,266,905

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$524,400

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$762,880

AVERAGE PRICE OF 111 HOMES WITH A POOL

$634,225

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $796,899
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $162,450
2 bedrooms $202,633
3 bedrooms $548,051
4 bedrooms $681,081
5 bedrooms $858,289
Palmetto Bay Home Price Trends
  3/2020 2/2020 1/2020 12/2019 11/2019
Total Listings n/a 212 204 209 n/a
Average Price n/a $752,734 $727,337 $709,133 n/a
Avg Price Change n/a +3.49% +2.57% n/a n/a
Median Price n/a $644,893 $634,037 $630,539 n/a
Med Price Change n/a +1.71% +0.55% n/a n/a
Avg Bedrooms n/a 3.5 beds 3.49 beds 3.51 beds n/a
Avg Bathrooms n/a 2.59 baths 2.61 baths 2.61 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Lakes Edu Cntr 1 $849,000 32 days
Miami Palmetto 90 $733,796 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 188 $796,899 80 days
Distressed Homes 6 $545,116 104 days
Multi-Million Dollar Homes 21 $2,266,905 97 days
Newly Built Homes 5 $524,400 127 days
Homes with a Pool 111 $762,880 74 days
Reduced Price Homes 4 $634,225 82 days

School Data

Highly Rated Palmetto Bay Schools

10

CORAL PARK ELEMENTARY SCHOOL
Elementary School
Public

10

CORAL REEF ELEMENTARY SCHOOL
Elementary School
Public

8

HOWARD DRIVE ELEMENTARY SCHOOL
Elementary School
Public

10

PALMETTO ELEMENTARY SCHOOL
Elementary School
Public

8

PALMETTO MIDDLE SCHOOL
Middle School
Public

9

SOUTHWOOD MIDDLE SCHOOL
Middle School
Public

Renny Plus Seve Real Estate Experts Team, at Worldwide Select Group Inc
Renny Plus Seve Real Estate Experts Team
12970 SW 187th St
Miami, FL 33177
305-378-9900

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.