Forest Lakes Villas
Homes for Sale in Miami, FL

Forest Lakes Villas market snapshot (as of November 10, 2026): the median sale price is about $540K ($353 per sq ft over the trailing 12 months of closed sales), a median 95 days on market for closed sales, and 4.0 months of supply, a balanced market.

In ZIP 33196 (Miami), 71 homes closed in the last 12 months at a median of $604K ($345/sq ft), with a median 46 days on market. Right now 63 active and 14 pending listings put supply at about 10.6 months — a buyer's market. See the live ZIP 33196 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 109 homes in FOREST LAKES VILLAS that have changed hands since 2006, built between 1996 and 2000 (median 1997), with a median living area of about 1,528 sq ft and a typical 3-bedroom, 2.5-bath layout; 68% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

A low-volume Miami-Dade community where pricing has held close to flat and homes are moving on a slower, more deliberate timeline than an active market — the kind of setting where a well-prepared buyer or a patient seller has room to work.

With only 4 closings feeding the current snapshot, Forest Lakes Villas doesn't have the transaction volume to support strong conclusions about trend direction. What the numbers do show is a median price of $540,000 at $345.42 per square foot, with homes sitting on market a median of 82.5 days — well beyond a fast-moving pace. That timeline typically means buyers are taking their time on inspections and negotiation rather than moving on impulse.

The year-over-year figure, down just 0.9%, suggests pricing has been stable rather than volatile. No community amenities are identified from current MLS listings, which is common in smaller villa-style communities where the draw is the home and its lot rather than a shared clubhouse or pool system — worth confirming directly if amenities matter to your decision.

In a thin market like this, pricing a listing or structuring an offer requires reading a small data set correctly rather than following a trend line. We pull the actual comps behind the median, account for the extended days-on-market pattern in negotiation strategy, and make sure sellers aren't over-pricing off stale assumptions or buyers aren't over-paying because there's little competing inventory to compare against.