SOUTH VEDADO
Homes for Sale in Miami-Dade County, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
South Vedado's price story right now is a per-square-foot story more than a headline-price story. At $614.61 a foot against a median price of $812,500, this is a market where condition and finish level are doing most of the work — the spread between a dated interior and a fully renovated one shows up directly in what a buyer is willing to pay per square foot, not just in the top-line number.
The year-over-year figure, down 14%, paired with a market heat score of 44, points to a market that has cooled from wherever it was a year ago and is currently sitting in buyer-favorable territory rather than a bidding-war posture. With only four closings in the current window, treat any single data point here as directional, not definitive — this is a market where you confirm the comp with your own eyes on the property, not just the spreadsheet.
SOUTH VEDADO right now
🔴 Off the recent peak. The trailing-12-month median ($812K) is down 14.0% from the prior 12 months ($945K). With about 4 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 (4 and 3 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
SOUTH VEDADO market snapshot (as of July 20, 2026): the median sale price is about $812K ($615 per sq ft over the trailing 12 months of closed sales), and a median 26 days on market for closed sales. The trailing-12-month median is down 14% from the prior 12 months, computed from record-level miami closed sales (4 closings in the current window).
South Vedado is trading at a median of $812,500 with a median days-on-market of 26 — a pace that suggests homes are moving without urgency, giving buyers room to negotiate and sellers a reason to price carefully rather than test the market.
Who SOUTH VEDADO is best for.
Best for
- A buyer comfortable doing property-level diligence rather than leaning on neighborhood-wide averages
- A buyer with some flexibility on timeline who can use a 26-day median market pace to negotiate rather than rush
- A buyer prioritizing location and home condition over a built-in amenity package
Probably not for
- A buyer who wants a large, stable sales history to benchmark price with confidence
- A buyer specifically shopping for a community with organized amenities
- A buyer unwilling to verify condition and comps directly given the small current closings sample
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 ($812K) IS the median in the snapshot above, and the move from 2025 ($945K) IS the -14.0% one-year change.
Windows contain 0 to 6 sales each (4 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 2013 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.
0% of homes for sale in ZIP 33145 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 (2026-07-18).
The SOUTH VEDADO buying strategy.
If we were buying in SOUTH VEDADO 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 SOUTH VEDADO.
A thin dataset, a real price signal
Four closings is a small enough sample that outliers matter. A single renovated property or a single distressed sale can move the median more than it would in a higher-volume market, so the $812,500 figure and the $614.61 per-square-foot figure should be read as a current snapshot rather than a settled baseline. That doesn't make the numbers meaningless — it makes context essential. Ask what those four sales actually were: updated versus original condition, larger versus smaller footprint, before leaning on the median as a pricing anchor for a specific home.
No community amenities are identified from current MLS listings, which means whatever is drawing buyers to South Vedado right now is the location and the housing stock itself, not a packaged lifestyle amenity. That's worth factoring into how you value a property here — you're paying for the home and the address, and the case for the number has to be made property by property rather than leaned on a shared amenity base.
The location and the amenities are priced into every listing in SOUTH VEDADO. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin on closings, the difference between a good deal and an overpay is diligence on the individual property — verifying condition, confirming what actually sold and why, and pricing off real comparables rather than a median built on four data points. That's the work we do before a number gets attached to an offer or a listing.
SOUTH VEDADO 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 SOUTH VEDADO 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 SOUTH VEDADO sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in SOUTH VEDADO, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your SOUTH VEDADO home worth?
Get a no-obligation home value based on real comparable sales in SOUTH VEDADO, 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 SOUTH VEDADO?
How long do homes in SOUTH VEDADO take to sell?
Do cash buyers compete in SOUTH VEDADO?
Who is the best real estate agent for SOUTH VEDADO?
How do I find a top real estate agent who knows SOUTH VEDADO?
Can Momentum Realty connect me with an agent for SOUTH VEDADO?
Should you buy in SOUTH VEDADO?
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 2013 (42 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.
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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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