FRANJO PARK
Homes for Sale in Palmetto Bay, FL
True comps, carrying-cost math, and listings before the portals.
Photo via miami
Franjo Park is a thin market right now. With only a handful of closings feeding the current snapshot, the median price of $550,000 and price per square foot of $529.86 should be read as a directional signal, not a precise valuation tool — small sample sizes move quickly with a single sale.
The headline number to sit with is the 175-day median time on market alongside a 12% year-over-year pull-back in price. That combination points to a buyer's negotiating environment: sellers are not moving quickly, and pricing has softened from where it stood a year ago. Anyone listing here should price to the current data, not last year's.
FRANJO PARK right now
🔴 Off the recent peak. The trailing-12-month median ($550K) is down 12.0% from the prior 12 months ($625K). With about 2 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 miami closed sales, 12-month windows ending July 20. Confidence: Low (3 and 4 sales in the two windows).
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Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
FRANJO PARK market snapshot (as of July 20, 2026): the median sale price is about $550K ($530 per sq ft over the trailing 12 months of closed sales), and a median 175 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months, computed from record-level miami closed sales (3 closings in the current window).
Franjo Park is a low-volume corner of the Miami-Dade market where pricing this cycle has come down from year-ago levels and homes are sitting on market well beyond a typical quick-close pace.
Who FRANJO PARK is best for.
Best for
- A buyer with negotiating patience who can work with a seller motivated by extended time on market.
- A buyer comfortable making a decision on a thin comparable set with guidance from a broker tracking each closing.
- A buyer targeting the mid-$500s price point with flexibility on condition and timeline.
Probably not for
- A buyer who wants a deep bench of recent comparable sales before committing.
- A buyer expecting a fast-moving, multiple-offer environment.
- A buyer relying on year-over-year price stability rather than a recent decline as the baseline.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level miami closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($550K) IS the median in the snapshot above, and the move from 2025 ($625K) IS the -12.0% one-year change.
Windows contain 0 to 4 sales each (3 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.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
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.
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).
FRANJO PARK Market Scorecard
FRANJO PARK is currently a balanced market., and homes go under contract in about 0 days.
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 FRANJO PARK
Live MLS inventory for FRANJO PARK. 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 FRANJO PARK listings as of 2026-08-18, 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.
The FRANJO PARK buying strategy.
If we were buying in FRANJO PARK 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 FRANJO PARK.
A market defined by patience, not urgency
Two data points anchor the current read on Franjo Park: a median 175 days on market and a 12% year-over-year decline in price. Together they describe a community where listings are not moving on a fast clock and where sellers who priced aggressively a year ago have had to adjust. For a buyer, that is leverage — there is room to negotiate on price and terms when a home has already sat for months.
The per-square-foot figure of $529.86 gives a sense of where value sits on a condition-adjusted basis, but with only three closings feeding this window, it is a snapshot rather than a trend line. Treat any single comparable with caution and lean on a broker who is tracking each new closing as it lands, not last quarter's average.
The location and the amenities are priced into every listing in FRANJO PARK. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, the difference between a good deal and an overpay comes down to who is watching the data in real time. We track every closing in Franjo Park as it happens rather than relying on stale quarterly averages, and we negotiate with the 175-day market reality — not the seller's asking-price hope — as the baseline.
FRANJO PARK in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a FRANJO PARK 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 FRANJO PARK sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in FRANJO PARK, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your FRANJO PARK home worth?
Get a no-obligation home value based on real comparable sales in FRANJO PARK, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in FRANJO PARK?
How long do homes in FRANJO PARK take to sell?
Do cash buyers compete in FRANJO PARK?
Who is the best real estate agent for FRANJO PARK?
How do I find a top Palmetto Bay real estate agent who knows FRANJO PARK?
Can Momentum Realty connect me with an agent for FRANJO PARK?
Should you buy in FRANJO PARK?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2012 (30 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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