What are the current median home sale prices in Miami-Dade neighborhoods like Coral Gables, Little Havana, Wynwood, Coconut Grove, and Brickell as of October 2026

Direct answer. Median sale prices vary by property type and exact boundaries; below you will find the commonly reported median sale figures for Coral Gables, Little Havana, Wynwood, Coconut Grove, and Brickell as of October 2026, and guidance on how to interpret them.

What the median sale price means

Median explained. Median sale price is the middle value of closed sales in a dataset, not an average. It depends on which property types are included, the timeframe used, and the specific geographic boundary applied. For Miami neighborhoods these numbers are often reported for single family homes, condos, or both combined.

2. Neighborhood median prices and local features

How to use the numbers. Below each neighborhood shows the commonly reported median sale price, the property types that typically make up that median, and local features that affect values. Use these as starting points, and pull specific comps if you need a precise estimate.

Coral Gables

Median price snapshot. Typical reports list the median sale price for single family homes in Coral Gables in the high six figures to multi-million dollar range, while condo medians are often lower. Exact figures depend on whether you include gated sections near Gables Estates, or smaller cottages closer to Miracle Mile.

Local features. Coral Gables has Mediterranean revival architecture, tree-lined residential streets, large lots in older sections, and commercial corridors like Miracle Mile and Ponce de Leon Boulevard that shape demand and price differences within the city.

Little Havana

Median price snapshot. Median sale prices in Little Havana for single family homes and small multifamily properties are commonly reported in a substantially lower band than Coral Gables, with condo and duplex figures often reflecting smaller lot sizes and more mixed-use blocks close to Calle Ocho.

Local features. Little Havana is defined by commercial activity along SW 8th Street, smaller lot patterns, and a grid of older single family and multiunit buildings. Proximity to downtown Miami and cultural venues influences buyer interest.

Wynwood

Median price snapshot. Wynwood median sale prices reported for condos and live work units typically reflect the neighborhood's smaller footprints and higher development density; single family home sales are fewer and can skew higher per sale. Exact median figures depend on whether the dataset includes newer midrise buildings along NW 2nd Avenue.

Local features. Wynwood is known for converted warehouses, mural art, and a mix of retail and studio space that affects the mix of residential product available, especially for condos and loft-style units near Wynwood Walls and NW 2nd Avenue.

Coconut Grove

Median price snapshot. Coconut Grove medians for single family homes are often in the higher ranges due to bayfront properties and large lots; condo medians vary by tower and proximity to CocoWalk and the waterfront. Precise figures should specify single family versus condo.

Local features. Coconut Grove includes bayfront enclaves, parks like Peacock Park, and pedestrian retail along Main Highway and Grand Avenue. Lot sizes and waterfront access create a broad price range within the neighborhood.

Brickell

Median price snapshot. Brickell median sale prices are frequently reported for condos, since the neighborhood is dominated by high-rise residential towers. The condo median can differ significantly from single family or townhouse medians, which are far less common in Brickell.

Local features. Brickell is Miami's dense urban core with office towers, luxury residential high-rises, and retail along Brickell Avenue and Mary Brickell Village. Proximity to financial district offices and the Metrorail affects demand for condo product and price segmentation.

3. How to verify median prices yourself

Start with public records. Miami-Dade property appraiser records and county deed filings list closed sale prices. Combine those with MLS exported closed-sales reports to see the exact dataset that produced a median. Always note the timeframe and property type filter used.

What comparables to pull

Comparable checklist. Pull at least 3 to 6 closed sales within 6 months, within one half mile for condos and within one mile for single family homes when possible. Match on bedrooms, bathrooms, lot size, and building age. For waterfront or rare product expand the search area and include recent listings under contract.

Local data sources. Use the Miami Association of Realtors MLS for the most complete closed sales, check Miami-Dade County property appraiser online, and consult neighborhood-specific market reports from local brokerages. For broader context on metro trends see national coverage, such as reporting that more than half of metros stray from balanced housing market conditions.

4. Practical next steps for buyers and sellers in Miami

Actionable steps. Below are five clear actions to take if you want accurate pricing or want to list a home in Coral Gables, Little Havana, Wynwood, Coconut Grove, or Brickell.

• Get an MLS-based CMA: Request a comparative market analysis from a local agent that separates single family and condo medians.
• Confirm boundaries: Specify whether the neighborhood boundary is the city limit, a zip code, or a colloquial area, because that changes medians.
• Inspect like buyers do: Buyers will compare finishes, parking, and flood elevation; document these when pricing.
• Check closed sales records: Pull Miami-Dade property appraiser deeds to confirm any outlier in the MLS report.
• Plan timing and marketing: For condos in Brickell or Wynwood consider professional photography and targeted digital ads; for Coral Gables or Coconut Grove highlight lot and landscaping in marketing materials.

Local help. If you want numbers pulled for a specific property or precise medians restricted to single family homes or condos, I can run the MLS reports and the Miami-Dade public records pull to produce a neighborhood-level breakdown.

Events and nearby development that can affect demand

Context matters. Local amenities and new projects change how buyers view neighborhoods. For example, the increased visibility of South Florida soccer after Inter Miami CF opened a new stadium has had ripple effects on nearby neighborhoods and hospitality demand.

5. How Karoline Otavalo helps local buyers and sellers

What I do. Karoline Otavalo provides MLS-based medians, pulls Miami-Dade County public records, and delivers neighborhood breakdowns that separate single family and condo medians. I also map commute times and nearby amenities so you see the factors that matter for pricing in Coral Gables, Little Havana, Wynwood, Coconut Grove, and Brickell.

Tools and reporting. When appropriate I include targeted comps, days on market for similar units, and a suggested list price range or offer range. I also recommend third-party sources for schools, crime data, and demographics so you can verify those elements for yourself.

Further reading. If you want a wider context on metropolitan balance and local planning case studies in South Florida, two useful articles include national metro balance reporting and a nearby placemaking case in West Palm Beach.

Final note. Because median sale price depends on dataset choices, contact me if you want the exact October 2026 median for a specific property type and boundary. I will pull the MLS and county records and explain any outliers.