Momentum Housing Data · Home Values · Miami-Dade County

PARK LAKES Home Values: What Homes Actually Sell For

Buying here? See Park Lakes homes for sale and the Park Lakes community guide (Miami).

PARK LAKES (Miami, FL): 7 recorded closings in the 12 months ending 2026-09-20, a 13-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

Median sold price
$605,000
+9.0% vs prior year · window ending 2026-09-20
Median $/sqft
$322
7 recorded closings
Median days to sell
20
from list to contract-to-close record

In the current window, sellers accepted a median 98.0% of original asking; the median sale took 20 days (window ending 2026-09-20).

The 13-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$605,000$3222098.0%7
2025$555,000$3082196.6%15
2024$507,500$3212896.5%8
2023$562,000$26810100.0%10
2022$460,000$24610100.0%18
2021$385,000$2069100.0%17
2020$373,800$1894295.7%19
2019$336,000$1872997.9%20
2018$335,000$1651599.1%13
2015$320,000$1358592.9%11
2014$334,500$13711294.5%9
2013$330,000$1213697.1%7
2012$203,250$1121697.7%4

Over the recorded series, PARK LAKES’s median sold price moved from $203,250 (2012) to $605,000 (12 months ending 2026-09-20) — +198% over that span, with every year’s figure from recorded closings, not a model.

The last decade in PARK LAKES, briefly

The recorded series starts in 2012 at $203,250. The 2020–22 run-up did what it did everywhere — PARK LAKES’s median moved +37% from 2019 to 2022. Annual sales volume here has ranged from 2 to 20 closings a year (10-yr average 12.9). With roughly 12.9 closings a year, PARK LAKES’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

Where PARK LAKES sales actually landed, 2024–2026

Of the 30 recorded PARK LAKES closings since 2024, half landed between $530,500 and $628,750 (the middle two quartiles); the lowest recorded sale was $425,000 and the highest $980,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

Sold price bandShare of closingsSales
Under $475,000
3 (10%)
$475,000 – $583,333
17 (57%)
$583,333 – $691,667
4 (13%)
$691,667 – $800,000
2 (7%)
None and up
4 (13%)

What homes of your size have sold for in PARK LAKES

The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($358 vs $283) — the usual pattern, since lot, kitchen and baths do not scale with floor area.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
1,268–1,753 sq ft
$358$520,000$450,000 – $569,00010
Mid-size homes
1,753–1,846 sq ft
$308$557,500$519,000 – $610,00010
Larger homes
1,909–2,977 sq ft
$283$750,000$425,000 – $980,00010

At PARK LAKES’s $605,000 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $10,640 a year in property tax before exemptions, or about $9,930 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Miami-Dade County tax page.

Selling in PARK LAKES right now: what the record says

Current asking prices run a median $682,450 against the $605,000 recorded sold median (+13%) — the gap between what sellers hope and what the record shows. Demand check: 0% of PARK LAKES’s listings are under contract, against 29% for ZIP 33185 and 18% for Miami-Dade County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Momentum’s market-heat index for PARK LAKES reads 58/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

With asking prices running +13% over the recorded sold median, a PARK LAKES listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

What would YOUR PARK LAKES home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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How PARK LAKES compares with its neighbors

Communities buyers shopping PARK LAKES are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
LAROC ESTATES$760,000$321865
OAKLAND SUBDIVISION$850,000$35495
INTERLAKEN$715,000$349414
CENTURY TOWNHOMES AT BIRD$595,000$298633

More PARK LAKES: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures

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