Palmetto Bay, Miami, FL—33157
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$616,000
2.0% YoY Growth
Household Income
$80,400
25.7% YoY Growth
Days on Market
76
17.0% Longer YoY
Home Price Forecast
2.3%
Median Rent
$2,900
4.9% YoY Growth
1-Bed Rent
$1,680
0.0% YoY Growth
2-Bed Rent
$2,120
1.3% YoY Growth
3-Bed Rent
$3,200
4.3% YoY Growth
Home Price Trends — Palmetto Bay, Miami, FL
As of Dec '25, the median home price in Palmetto Bay, Miami, FL is $616,000, with a year-over-year change of -2.0%. This indicates that home prices in Palmetto Bay, Miami, FL are decreasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $616,000 | -2.0% |
| Single Family | $638,000 | -2.3% |
| Condos | $219,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |