North Bay Island
Homes for Sale in North Bay Village, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 2026, North Bay Island in FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $1,900,000, $1,010 per square foot, a median 37 days on market, sellers accepting 100% of original asking (+15% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $33,430 ($32,710 with the full homestead exemption).
North Bay Island right now
🟢 Still climbing. The trailing-12-month median ($1.90M) is up 15.2% from the prior 12 months ($1.65M) and up 265% since 2012. 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 MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Low (3 and 10 sales in the two windows).
What's unique here: the median sale price is about 3x the typical Miami-Dade County sale ($1.90M vs $555K, trailing 12 months, MIAMI MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
North Bay Island market snapshot (as of September 12, 2026): the median sale price is about $1.90M ($1010 per sq ft over the trailing 12 months of closed sales), and a median 37 days on market for closed sales. The trailing-12-month median is up 15% from the prior 12 months and up 265% since 2012, computed from record-level MIAMI MLS closed sales (3 closings in the current window).
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.90M) IS the median in the snapshot above, and the move from 2025 ($1.65M) IS the +15.2% one-year change.
Windows contain 0 to 22 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.
NORTH BAY ISLAND Market Scorecard
NORTH BAY ISLAND is currently a thin data market. Limited supply, a median asking price of $8,645,000, and homes go under contract in about 68 days.
Typical home value in the 33141 ZIP is $429,203, about 33.5% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, 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 North Bay Island
Live MLS inventory for North Bay Island. 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 North Bay Island listings as of 2026-09-12, 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 North Bay Island buying strategy.
If we were buying in North Bay Island 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 North Bay Island.
A closer look at the North Bay Island market
At a median of $1010 per square foot, North Bay Island prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median up 15% year over year. Homes that do trade take a median 37 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in North Bay Island. 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 North Bay Island 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 3 factors (9.9). Basis: Long-Term Appreciation +265% since 2012; Recent Direction +15.2% year-over-year; Pricing Power 100.0% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 North Bay Island 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 North Bay Island sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in North Bay Island, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your North Bay Island home worth?
Get a no-obligation home value based on real comparable sales in North Bay Island, 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 North Bay Island on the map →
Frequently Asked Questions
What is the median home price in North Bay Island?
How long do homes in North Bay Island take to sell?
Have North Bay Island home prices gone up?
Who is the best real estate agent for North Bay Island?
How do I find a top North Bay Village real estate agent who knows North Bay Island?
Can Momentum Realty connect me with an agent for North Bay Island?
Nearby Communities
Explore more neighborhoods near North Bay Island with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2012 (105 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 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?
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 MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how NORTH BAY ISLAND fits the bigger picture — live prices, inventory, and Momentum Scores: