FAIRWAY LAKE SOUTH in Miami

FAIRWAY LAKE SOUTH
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33157
Median sale $690K
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Built fromLive miami data14 years of closingsUpdated twice daily
Live · FAIRWAY LAKE SOUTH Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$690K
Median sold · 12 mo
$312/sf
Sold $/sqft · 12 mo
peak $342 in 2024
98.6%
Sale vs ask
Miami-Dade median: 97.8%
Tempo
22days
Median DOM · closed
10 days at the 2024 low
5
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
0%
Cash buyers · FAIRWAY LAKE SOUTH
0 of 5 sales, 12 mo ending July 2026
Track record · 14 years of records
2,196sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Fairway Lake South is trading with a median price of $690,000 against a median price per square foot of $311.59, which points to a mix of home sizes rather than a single dominant floor plan. With only five closings in the current window, this is a thin-data read — one or two unusual sales can move these numbers more than they would in a higher-volume community.

A median 22 days on market says offers are coming together in a reasonably brisk timeframe, not a bidding-war pace but not a sit-and-wait one either. Sellers should price against comparable condition and square footage rather than assuming the median applies broadly, and buyers have room to negotiate on homes that are not move-in ready.

The 60-Second Overview

FAIRWAY LAKE SOUTH market snapshot (as of July 20, 2026): the median sale price is about $690K ($312 per sq ft over the trailing 12 months of closed sales), and a median 22 days on market for closed sales.

Fairway Lake South is a lower-volume market by current MLS activity, with pricing built on just a handful of recent closings — useful directional data, but not a deep enough sample to treat any single figure as a fixed benchmark.

Best for

  • A buyer targeting a purchase in the neighborhood of the current median price and willing to evaluate condition home-by-home
  • A seller comfortable pricing against a small, current comp set rather than a long trend history
  • A buyer who wants a per-square-foot cost benchmark as a starting reference, not a ceiling

Probably not for

  • A buyer who wants dozens of recent closed comps before making an offer
  • A buyer relying on listed community amenities to inform the decision, since none are currently identified in MLS data
  • A seller expecting the median price to apply uniformly regardless of condition or size

Windows contain 0 to 8 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$400K$600K20122014201620182020202220242026
Every sale since 2012 · price vs size
$0$200K$400K$600K2k2k2k
38 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$250$300$35020122014201620182020202220242026
Up from $193 in 2012 to a $342 peak in 2024; $312 now.
Median days on market · closed sales
204020122014201620182020202220242026
10 days at the 2024 low; 22 now.
Sale price vs original ask · median
98%100%102%20122014201620182020202220242026
98.6% now vs Miami-Dade 97.8%.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 5 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

31% of homes for sale in ZIP 33157 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).

FAIRWAY LAKE SOUTH Market Scorecard

Balanced

FAIRWAY LAKE SOUTH is currently a balanced market..

$690,000
Median sold
0/1/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in FAIRWAY LAKE SOUTH

Live MLS inventory for FAIRWAY LAKE SOUTH. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending FAIRWAY LAKE SOUTH listings as of 2026-07-30, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.

If we were buying in FAIRWAY LAKE SOUTH today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in FAIRWAY LAKE SOUTH.

Best Buy
Buyers and sellers who want a data-informed starting point rather than a rigid price target.
Biggest Risk
With only five closings, the median figures can shift quickly as new sales are recorded.
Sweet Spot
Buyers comfortable evaluating each listing on its own merits rather than leaning on community-wide averages.
Avoid If
You need a large set of recent comps to feel confident in a price — this community will not offer that volume right now.

What the numbers actually tell you

At a median of $690,000 and $311.59 per square foot, Fairway Lake South sits in a price-per-square-foot range that suggests a mix of updated and original-condition homes rather than a uniform product type. Buyers should expect the per-square-foot cost to vary meaningfully between listings depending on renovation status and lot, since the median alone will not tell you which end of that spread a given home falls on.

The 22-day median days-on-market figure, paired with only five recorded closings, means this is a community where each new listing can shift the read on pace and pricing. Treat any snapshot of this market as a starting point for a conversation about a specific home, not as a settled trend line.

The location and the amenities are priced into every listing in FAIRWAY LAKE SOUTH. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community with this few closings, the comps that exist matter enormously — and so do the ones that almost apply but don't. We pull the full picture, including active and pending listings and condition notes tied to each closed sale, so pricing conversations are grounded in specifics rather than a single median figure.

FAIRWAY LAKE SOUTH in 15 seconds.

Best forBuyers and sellers who want a data-informed starting point rather than a rigid price target.
Biggest advantageA median days-on-market of 22 suggests reasonably efficient deal-making once a home is priced to its actual condition.
Biggest riskWith only five closings, the median figures can shift quickly as new sales are recorded.
Sweet spotBuyers comfortable evaluating each listing on its own merits rather than leaning on community-wide averages.
Avoid ifYou need a large set of recent comps to feel confident in a price — this community will not offer that volume right now.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed FAIRWAY LAKE SOUTH sales matched to your home.

What is your FAIRWAY LAKE SOUTH home worth?

Get a no-obligation home value based on real comparable sales in FAIRWAY LAKE SOUTH, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in FAIRWAY LAKE SOUTH on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in FAIRWAY LAKE SOUTH?
The median sale price in FAIRWAY LAKE SOUTH was $690K over the 12 months ending July 20, 2026 (5 closed sales, miami).
How long do homes in FAIRWAY LAKE SOUTH take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 22 days on market (5 sales, miami).
Do cash buyers compete in FAIRWAY LAKE SOUTH?
Cash buyers took 0% of FAIRWAY LAKE SOUTH sales in the 12 months ending July 2026 (0 of 5 closings, miami).
Who is the best real estate agent for FAIRWAY LAKE SOUTH?
The best agent for FAIRWAY LAKE SOUTH is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for FAIRWAY LAKE SOUTH.
How do I find a top Miami real estate agent who knows FAIRWAY LAKE SOUTH?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows FAIRWAY LAKE SOUTH and the wider Miami area.
Can Momentum Realty connect me with an agent for FAIRWAY LAKE SOUTH?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your FAIRWAY LAKE SOUTH purchase or sale - no call center and no pressure.
A buyer targeting a purchase in the neighborhood of the current median price and willing to evaluate condition home-by-homeExcellent fit
A seller comfortable pricing against a small, current comp set rather than a long trend historyExcellent fit
A buyer who wants a per-square-foot cost benchmark as a starting reference, not a ceilingExcellent fit
A buyer who wants dozens of recent closed comps before making an offerProbably not
A buyer relying on listed community amenities to inform the decision, since none are currently identified in MLS dataProbably not
A seller expecting the median price to apply uniformly regardless of condition or sizeProbably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2012 (38 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.

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More Miami & Miami & Miami-Dade County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Miami & Miami-Dade County or the full Neighborhood Finder.

Thinking of selling in FAIRWAY LAKE SOUTH? 5 recorded closings; median 22 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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