North Miami Home Values by Neighborhood
Value Headline
Get a True Picture of Your North Miami Home's Worth. Compare Hyper-Local Data Across All 15 Neighborhoods to Understand What Buyers Will Really Pay.
Entity and Geographic Context
Understanding your home's value in North Miami, FL, requires a hyper-local approach that automated online estimators often miss. Home values vary dramatically between neighborhoods like the waterfront estates of Keystone Point and the family-friendly streets of Biscayne Gardens. This guide provides a comparative analysis of home values across all 15 neighborhoods within the official North Miami city limits (zip codes 33161, 33168, 33181, 33167), giving you a realistic baseline for your property's worth in today's market.
Neighborhood Home Value Comparison
| Neighborhood | Median Value (Approx.) | Price/SqFt (Approx.) | 1-Year Trend (Approx.) | |
|---|---|---|---|---|
| Keystone Point | $2.1M | $850 | +12% | Get Value |
| Sans Souci Estates | $1.8M | $820 | +11% | Get Value |
| Biscayne Gardens | $550K | $380 | +9% | Get Value |
| Arch Creek East | $480K | $410 | +8.5% | Get Value |
| Biscayne Landing | $650K | $450 | +10% | Get Value |
| Central North Miami | $460K | $390 | +8% | Get Value |
| Sunkist Grove | $430K | $370 | +7.5% | Get Value |
| Arch Creek West | $475K | $395 | +8% | Get Value |
| Allen Park | $490K | $400 | +8.2% | Get Value |
| Biscayne Park Area | $510K | $405 | +8.8% | Get Value |
| Gratigny Red | $420K | $360 | +7% | Get Value |
| Iron Manor | $440K | $375 | +7.8% | Get Value |
| North Miami Manor | $450K | $385 | +7.9% | Get Value |
| West Little River Area | $410K | $355 | +6.9% | Get Value |
Local Market Trend Analysis
The North Miami real estate market is currently experiencing a period of stabilization. While year-over-year appreciation remains positive across most neighborhoods, the rapid price growth of previous years has moderated. Today, buyers are more discerning, and pricing a home correctly from day one is critical. Waterfront properties continue to command a significant premium, while well-maintained homes in desirable non-waterfront neighborhoods are attracting strong interest from families and first-time buyers. Understanding these micro-trends within your specific neighborhood is key to a successful sale.
Who This Is For
This guide is for the homeowner who:
- Is considering selling and needs a realistic valuation beyond a Zillow Zestimate.
- Wants to understand how their neighborhood's value compares to the rest of North Miami.
- Is tracking their home equity and needs data-driven insights for financial planning.
Who This Is Not For
This guide is not for:
- Homeowners outside the official North Miami city limits.
- Those seeking a formal appraisal for a mortgage or legal proceeding.
- Investors looking for commercial property valuations.
Scope Boundary
This guide provides a comparative analysis for residential properties exclusively within the official city limits of North Miami, FL. Values are estimates based on market trends and should not be considered a formal appraisal.
Dynamic Local Insight: The Impact of Rising Insurance Costs
A major factor currently influencing North Miami home values is the rising cost of homeowner's and flood insurance across Florida. Buyers are increasingly scrutinizing a property's insurance profile. Homes with newer roofs, impact windows, and favorable flood zone designations (or higher elevations) are becoming more valuable as they offer lower long-term holding costs. This trend gives an advantage to sellers who have invested in mitigation and can market their home's insurability.
People Also Ask (PAA)
What is the most expensive neighborhood in North Miami?
Based on median home values, the waterfront communities of Keystone Point and Sans Souci Estates are typically the most expensive neighborhoods in North Miami, with prices driven by direct bay access, large lots, and luxury homes.
How does my North Miami home's value compare to Zillow?
While Zillow provides a broad estimate, a local analysis considers neighborhood-specific factors like lot condition, recent sales that haven't closed yet, and buyer demand that automated tools often miss, providing a more accurate, actionable valuation.
Which North Miami neighborhoods are appreciating the fastest?
Historically, waterfront neighborhoods have shown strong appreciation. However, areas undergoing revitalization or seeing new development, like those near the Biscayne Boulevard corridor, are also experiencing healthy growth in home values as buyer demand increases.
Is it a good time to sell my house in North Miami?
It is a solid time to sell in North Miami, as property values have seen consistent growth. However, with market stabilization, correct pricing and marketing are crucial. The 'best' time depends on your specific neighborhood's inventory and your personal financial goals.
What factors most affect home value in North Miami, FL?
The most significant factors are location (waterfront vs. dry lot), property condition, square footage, and recent comparable sales within your specific neighborhood. For waterfront homes, factors like seawall condition and water depth are also critical.
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