Banyan Bay
Homes for Sale in Stuart, FL
All 648 homes for sale in Stuart, FL · median $415,000 · 323 homes for sale in 34997 · Martin County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Beaches MLS
As of October 2026, Banyan Bay in Stuart, FL has 1 home for sale. Over the 12 months ending 2026-08-10, 7 recorded sales closed at a median of $853,000, $346 per square foot, a median 158 days on market, sellers accepting 92% of original asking (+22% versus the prior year). Homes listed or recently sold were built 2017–2022; 10 of 10 report an HOA (median $325/mo); none of the 10 geocoded homes sit in a FEMA special flood hazard zone (median elevation 12 ft). At the median price and Martin County's FY2025-26 rate of 15.47 mills, annual property tax runs about $13,200 ($12,580 with the full homestead exemption).
Last 30 days in Banyan Bay: 1 new listing (median asking $899,999), 2 under contract right now. As of October 15, 2026, All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
Banyan Bay right now
🔴 Seller-leaning market. 2.0 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of August 10, 2026. Confidence: Medium (1 active and pending listings, 7 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($853K) is up 21.9% from the prior 12 months ($700K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending August 10. Confidence: Low (7 and 5 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Banyan Bay market snapshot (as of August 10, 2026): the median sale price is about $853K ($346 per sq ft over the trailing 12 months of closed sales), a median 158 days on market for closed sales, and 2.0 months of supply, a seller-leaning market. The trailing-12-month median is up 22% from the prior 12 months, computed from record-level Beaches MLS closed sales (7 closings in the current window).
In ZIP 34997 (Stuart), 583 homes closed in the last 12 months at a median of $415K ($249/sq ft), down 3.0% year over year, with a median 64 days on market. Right now 90 active and 26 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 34997 housing market and the Martin County market.
Flood zones in Banyan Bay: of 8 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Stuart.
Banyan Bay is a community of 61 homes in Stuart, Martin County, built between 2017 and 2022 (median 2019), with a median living area of about 2,193 square feet. 92% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Banyan Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Banyan BayPhotos from Beaches MLS listings in Banyan Bay; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 10 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($853K) IS the median in the snapshot above, and the move from 2025 ($700K) IS the +21.9% one-year change.
Windows contain 0 to 36 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
Banyan Bay Market Scorecard
Banyan Bay is currently a seller's market (limited data). About 1.7 months of supply, a median asking price of $899,999, and homes go under contract in about 8 days.
Typical home value in the 34997 ZIP is $429,453, about 14.3% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: BeachesMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Banyan Bay
Live MLS inventory for Banyan Bay. 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 Banyan Bay listings as of 2026-10-15, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.
Banyan Bay on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap contributors.
Life at Banyan Bay
- Pool · reported on 8 of 8 listings
- Clubhouse · reported on 6 of 8 listings
- Fitness Center · reported on 5 of 8 listings
- Community Room · reported on 5 of 8 listings
- Gated - No Guard · reported on 5 of 8 listings
- Picnic Area · reported on 4 of 8 listings
- Business Center · reported on 2 of 8 listings
- Parking · reported on 1 of 8 listings
- Fishing Pier · reported on 1 of 8 listings
- Library · reported on 1 of 8 listings
- Gated · reported on 1 of 8 listings
- Jogging Path · reported on 1 of 8 listings
Community amenities as reported across Beaches MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Martin County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- J.D. Parker · Elementary
- Dr. David L. Anderson · Middle
- Martin County · High
Zoned schools reflect the assignments reported on recent Banyan Bay listings and can change; always confirm with Martin County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Banyan Bay address.
Shop the zone: Homes zoned for Martin County High School
Recent Developments in Banyan Bay
Development, infrastructure, retail, and school activity affecting Banyan Bay, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- September 2026Development
Martin County approves limited-industrial zoning on Southeast Powerline Avenue in Hobe Sound
Commissioners voted 3-2 to rezone a property along Southeast Powerline Avenue to limited-industrial, a less intensive class than the general industrial designation first proposed. The county said the existing zoning was outdated and that no data center is planned. Any proposal over 100,000 square feet would need board approval.
What it may mean for the marketLimited-industrial zoning could add light industrial space and local jobs in Hobe Sound while capping the scale of future uses. The project is about 8 miles south of Banyan Bay, elsewhere in Martin County.
Source: WFLX (FOX 29) - August 2026Infrastructure
Federal government awards $79 million for St. Lucie River Bridge replacement in Stuart; Brightline station grant denied
The century-old St. Lucie River Bridge replacement received $79 million in federal funding. The federal Intercity Passenger Rail Program did not fund a proposed Brightline station in downtown Stuart. Martin County said it welcomed the bridge funding.
What it may mean for the marketBridge replacement funding supports a key rail and river crossing, while the denied grant leaves the timing of a Stuart passenger rail stop uncertain. The site is about 4 miles northwest of Banyan Bay.
Source: WJNO (iHeart)
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Banyan Bay buying strategy.
If we were buying in Banyan Bay today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Banyan Bay.
A closer look at the Banyan Bay market
At a median of $346 per square foot, Banyan Bay prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
Inventory runs at 2.0 months of supply, a seller-leaning market and the trailing-12-month median up 22% year over year. Homes that do trade take a median 158 days on market, useful leverage on any listing that has lingered.
The housing stock is 61 homes built between 2017 and 2022, and 92% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Banyan Bay. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Banyan Bay buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (7.9). Basis: Recent Direction +21.9% year-over-year; Liquidity & Demand 2.0 months of supply; Owner Commitment 92% owner-occupied; Pricing Power 91.7% sale-to-list. Refreshed with each data update.
What it really costs to own in Banyan Bay
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $8,119/yr across 9 listings here (MLS tax records, 2026-10-15). |
|---|---|
| HOA dues | Median $325/month across 141 MLS listings (most billed monthly; 2026-10-15). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Martin County is $2,580/yr (1,552 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 8 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 2019 across 9 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Email me new listings in Banyan Bay
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Banyan Bay
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Banyan Bay will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $325/month (about $3,900/yr) · median of 141 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $325 per month ($3,900 a year) — the median AssociationFee across 141 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Flood & Insurance Context
Of 8 sampled listing addresses in this community: 100% outside the FEMA Special Flood Hazard Area (Zone X/B/C).
Address-sampled; individual parcels vary - verify any specific address at msc.fema.gov. Check any address at FEMA's Flood Map Service Center, and see average home-insurance costs by Florida county.
Source: FEMA National Flood Hazard Layer, address-level lookups (n=8) · as of 2026-10
Tools for a Banyan Bay buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Banyan Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Banyan Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Banyan Bay home worth?
Get a no-obligation home value based on real comparable sales in Banyan Bay, 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 all homes for sale in Stuart →
Recently off market in BANYAN BAY
Homes in BANYAN BAY that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 5 on record.
- 4701 SW Ardsley Drive · off market
- 4713 SW Briarwood Court · off market
- 4802 SW Millbrook Lane · off market
- 4842 SW Millbrook Lane · off market
- 4862 SW Millbrook Lane · off market
| Location | Stuart, Martin County, FL · ZIP 34997 |
|---|---|
| Homes in the community | 61 (FL DOR 2025 assessment roll) |
| Years built | 2017–2022 (median 2019) |
| Typical living area | 2,193 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Pool, Community Room, Fitness Center, Clubhouse, Picnic Area, Gated - No Guard |
| Sale prices, last 12 months | $853,000 median across 7 closed sales · $346 per sq ft · +21.9% vs the prior 12 months |
| Days on market (closed sales) | 158 median |
| For sale right now | 1 active, 0 pending · median asking $899,999 · 2.0 months of supply |
| Owner-occupied (homestead) share | 92% |
Data as of August 10, 2026. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Banyan Bay key facts,” movewithmomentum.com/neighborhoods/banyan-bay-stuart, data as of August 10, 2026.
Housing distress & ownership in BANYAN BAY, Stuart
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
Every Home for Sale in Banyan Bay Stuart Right Now (3)
All 3 active and pending Banyan Bay Stuart listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4734 SW Briarwood Court · $899,000 · 3 bd / 2.5 ba · pending · listed Oct 10, 2026 · listed by The Agency Florida LLC
- 4764 SW Briarwood Court · $899,999 · 4 bd / 2.5 ba · listed Oct 7, 2026 · listed by The Agency Florida LLC
- 4742 SW Millbrook Lane · $1,075,000 · 4 bd / 4 ba · pending · listed Sep 5, 2026 · listed by The Agency Florida LLC
Recently sold in Banyan Bay Stuart
- 4842 Sw Millbrook Lane · sold $853,000
- 4802 Sw Millbrook Lane · sold $989,900
- 4713 Sw Briarwood Court · sold $701,000
- 4713 Sw Briarwood Court · sold $701,000
- 4701 Sw Ardsley Drive · sold $1,060,000
- 4862 Sw Millbrook Lane · sold $759,000
- 4862 Sw Millbrook Lane · sold $759,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- SW Millbrook Lane (20 homes on record)
- SW Pomeroy Street (5 homes on record)
- SW Millbrook Lane (1 homes on record)
Frequently Asked Questions
What is the median home price in Banyan Bay?
How long do homes in Banyan Bay take to sell?
Is Banyan Bay a buyer's or seller's market right now?
How many homes are in Banyan Bay?
What share of Banyan Bay is owner-occupied?
When were the homes in Banyan Bay built?
Who is the best real estate agent for Banyan Bay?
How do I find a top Stuart real estate agent who knows Banyan Bay?
Can Momentum Realty connect me with an agent for Banyan Bay?
Where is Banyan Bay, and what county is it in?
Is Banyan Bay a good place to live?
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: October 15, 2026) |
| Community market stats | Beaches MLS closed sales, 12-month windows ending August 10, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 34997)) |
| Under-contract shares | Beaches MLS records, as of 2026-08-10 |
| Historical depth | Closed-sale records back to 2017 (111 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 Beaches MLS 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?
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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 Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how BANYAN BAY fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Banyan Bay with Momentum Realty’s local guides.
More on Banyan Bay
- Home values · What homes in Banyan Bay actually sell for
- Find an agent · How to choose the best real estate agent in Banyan Bay