BreakThru Realty Coconut Grove Housing Market Report

In the 90 days to November 7, 2026, the median single-family home in Coconut Grove sold for $3,160,000 and the median condo or townhome for $2,250,000; 36 homes and condos are for sale. By months of inventory, single-family homes are a seller's market and condos and townhomes a buyer's market. BreakThru Realty analyzes BeachesMLS data daily to track home prices, inventory, sales, days on market and market direction in Coconut Grove, Florida; nothing here is typed by hand.

Coconut Grove Housing Market: Key Figures

  • The median single-family home in Coconut Grove sold for $3,160,000 over the last 90 days, +21.5% against the same period a year earlier.
  • The median condo or townhome sold for $2,250,000, +96.1% year over year.
  • Single-family homes that sold averaged 36 days on the market; condos and townhomes 104 days.
  • With 2 months of inventory, single-family homes are a seller's market; condos and townhomes, at 8 months, are a buyer's market.
  • 36 homes and condos were for sale in Coconut Grove on November 7, 2026.

Coconut Grove Market at a Glance

Updated November 7, 2026 from BeachesMLS.

Newest Coconut Grove Homes for Sale

The 30 newest homes, condos and townhomes on the market in Coconut Grove, straight from BeachesMLS. The 30 listings on this page run from $899,000 to $21,300,000, with a median of $4,050,000, about $1,339 per square foot, and they have been listed a median of 127 days.

  • The communities with the most listings here are The Well Coconut Grove (4), Vita at Grove Isle (4), Grove Isle (2), Palm Terrace (2) and Vita Grove Isle (2), 14 of the 30; the others are spread across 16 more communities.
  • By type: 20 condos, 6 townhomes and villas and 4 single-family homes.
  • Bedrooms run from 1 to 6, a median of 3; they were built between 1924 and 2028, a median of 2022, and 18 in the last ten years.
  • 4 of the 30 have a pool, and 12 are on the water.

See every Coconut Grove home for sale with map and filters.

Single-family homesCondos & townhomes
Active listings432
Median list price$4,050,000$3,581,200
Median list price per sq ft$1,270/sq ft$1,389/sq ft
Average days on market180 days142 days
Sold in the last 90 days612
Median sold price (90 days)$3,160,000$2,250,000
Sale price as % of list price99.6%97.4%
Months of inventory2 months8 months
Median sold price vs. a year ago+21.5%+96.1%

Source: BeachesMLS. Active listings as of November 7, 2026; sold figures cover closings in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal. How these figures are calculated.

Coconut Grove Home Sales by Month

Closed residential sales in Coconut Grove by closing month, from BeachesMLS. The current month is partial until it closes.

MonthClosed salesMedian sold priceMedian $/sq ftAvg days to sellSale-to-list
Dec 20255$3,000,000$938/sq ft161 days92.3%
Jan 202610$1,722,500$799/sq ft189 days93.3%
Feb 20264$4,037,500$883/sq ft43 days97.6%
Mar 20269$1,300,000$658/sq ft107 days94.5%
Apr 202616$3,400,000$1,003/sq ft91 days96%
May 20269$1,375,000$952/sq ft71 days96.5%
Jun 20269$2,650,000$968/sq ft185 days93.4%
Jul 20265$1,799,000$988/sq ft75 days95.7%
Aug 20266$2,667,500$1,161/sq ft55 days97.8%
Sep 20265$1,865,000$1,152/sq ft82 days97.5%
Oct 20268$2,392,500$1,230/sq ft105 days97.8%
Nov 2026 (to date)1$3,470,000$1,034/sq ft20 days99.3%

Coconut Grove Inventory Over Time

Active listings, new listings and homes under contract in Coconut Grove, from BreakThru Realty's daily snapshots of BeachesMLS (recorded since 2026-09-16).

DateActive listingsNew this weekUnder contractSold in 30 daysMedian list (single-family)Median list (condos)
2026-10-0539397$5,050,000$3,100,000
2026-10-06394107$5,050,000$3,100,000
2026-10-08383117$5,050,000$3,122,500
2026-10-09383116$5,050,000$3,122,500
2026-10-10382116$5,050,000$3,122,500
2026-10-11382114$5,050,000$3,122,500
2026-10-12393114$4,250,000$3,122,500
2026-10-13392114$4,250,000$3,122,500
2026-10-14371115$4,250,000$2,985,000
2026-10-15393106$4,250,000$2,985,000
2026-10-16362126$4,250,000$2,995,000
2026-10-17362126$4,250,000$2,995,000
2026-10-19352126$4,250,000$3,122,500
2026-10-20351126$4,250,000$3,122,500
2026-10-21361126$4,250,000$3,250,000
2026-10-22351126$4,250,000$3,322,500
2026-10-23351126$4,250,000$3,322,500
2026-10-24351125$4,250,000$3,322,500
2026-10-25351125$4,250,000$3,322,500
2026-10-26351125$4,250,000$3,322,500
2026-10-27353145$4,050,000$3,395,000
2026-10-28352127$4,050,000$3,395,000
2026-10-30352127$4,050,000$3,395,000
2026-10-31352117$4,050,000$3,395,000
2026-11-01363117$4,050,000$3,322,500
2026-11-02361116$4,050,000$3,322,500
2026-11-03351126$4,050,000$3,395,000
2026-11-04352136$4,050,000$3,395,000
2026-11-05352126$4,050,000$3,395,000
2026-11-06363127$4,050,000$3,581,200

Coconut Grove Rental Market at a Glance

Updated November 8, 2026 from BeachesMLS.

  • 15homes for rent
  • $13,000/momedian asking rent
  • 0new rentals this week
  • 7leased in the last 30 days
Houses & townhomesCondos & apartments
Active rentals411
Median asking rent$17,375/mo$12,000/mo
Median rent per sq ft$6.07/sq ft$7.47/sq ft
Average days on market146 days85 days
Leased in the last 90 days917
Median leased rent (90 days)$8,450/mo$8,950/mo
Median leased rent vs. a year ago-15.5%+18.5%

Source: BeachesMLS. Asking rents are active rentals as of November 8, 2026; leased rents cover leases signed in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal.

Home Prices in Coconut Grove

Over the last 90 days the median single-family home in Coconut Grove sold for $3,160,000 ($1,081 per square foot) and the median condo or townhome for $2,250,000 ($1,152 per square foot). Against the same 90 days a year earlier that is +21.5% for single-family homes and +96.1% for condos. Homes on the market now are asking a median $4,050,000 (single-family) and $3,581,200 (condos and townhomes). Medians describe the middle of the market; a waterfront estate and a garden condo pull in opposite directions, which is why the two segments are reported separately.

Inventory and the Pace of Sales

36 homes and condos are for sale in Coconut Grove today, 3 of them listed in the last seven days, and 12 are under contract. 7 sales closed in the last 30 days. Single-family homes carry 2 months of inventory and condos 8 months, which makes the single-family side a seller's market: under four months favours sellers, over six favours buyers. Active single-family listings have been on the market 180 days on average, condos 142 days.

Single-Family Homes vs. Condos and Townhomes

The two halves of the Coconut Grove market move differently. Single-family sellers achieved 99.6% of their asking price on the typical sale in the last 90 days after 36 days on market; condo and townhome sellers achieved 97.4% after 104 days. 6 single-family homes and 12 condos and townhomes closed in that window. Condo pricing also carries the building's fees, reserves and rental rules, so a low list price in an older tower is not the same deal as a low list price on a lot.

The Last Twelve Months

87 residential sales closed in Coconut Grove over the last twelve months. The whole-market median sold price moved from $3,000,000 in Dec 2025 to $2,392,500 in Oct 2026, a change of -20.2%. The month-by-month table below shows closings, median price, price per square foot and days to sell; the current month is partial until it closes.

What These Figures Mean If You Are Selling in Coconut Grove

The figures above describe all of Coconut Grove. Your price comes from the closed sales that match your home: the same neighborhood, the same water or golf course position, the same age and condition. The sale to list ratio shows how far buyers are negotiating below asking, days on market shows how long a well priced home waits, and months of inventory shows whether buyers or sellers hold the leverage this season. Request the review below and a broker applies all three to your address before you decide on a price.

Investing in Coconut Grove

Investors in Coconut Grove usually buy one of three things: a condo to lease to tenants who work in Brickell, downtown and Coral Gables, a pre-construction residence to hold, or an older house to renovate or replace. Each has its own checks. A condo lease depends on the association's approval process, minimum lease term and limits on how often a unit can be leased, and short stays also depend on the City of Miami's rules, which differ by zoning. A pre-construction purchase depends on the contract's deposit schedule and whether it allows assignment. A rebuild depends on Miami 21 zoning, tree removal permits, any historic designation, the flood zone and the FEMA substantial-improvement rule, which requires an older home below flood elevation to be brought up to current standards once the work passes half its value. The rental pages show live Coconut Grove rents, and the price-reduced page tracks sellers who have cut the price.

Follow the Coconut Grove Market as It Moves

Leave your email on this page and BreakThru Realty sends you each new Coconut Grove listing and price drop the day it reaches the MLS, with no account needed. Owners can request a review of what their own home is worth against these figures; buyers can ask for a showing or a search.

Thinking About Selling in Coconut Grove?

The median Coconut Grove single family home closed at $3,160,000 in the last 90 days and took 36 days to go under contract. Prices in your neighborhood may differ from the city average. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Enter your address and a licensed broker prepares your selling options from the closed sales nearest your home and checks it against the buyers on file.

  • A value range built from comparable Coconut Grove sales, with the reasoning
  • Whether a buyer already working with BreakThru Realty is looking for a property like yours
  • The plan that reaches the rest of the market if no buyer on file fits
  • An estimate of your selling costs and what you would keep after closing
  • Your timing, privacy and goals, worked through before anything is listed

Find Out If We Have Your Buyer

Selling in Coconut Grove?

See what your home is worth from recent Coconut Grove sales, the days on market and today's buyer demand. See what my home would sell for.

Buying in Coconut Grove?

Every home, condo and townhome for sale in Coconut Grove, straight from the MLS and updated through the day. Find my Coconut Grove home.

Investing in Coconut Grove?

Multifamily, rental and value add property in Coconut Grove, with the taxes, association fees and price history on every listing. Evaluate Coconut Grove investments.

Coconut Grove Housing Market FAQ

What is the median home price in Coconut Grove?
Over the last 90 days the median sold price in Coconut Grove was $3,160,000 for single-family homes and $2,250,000 for condos and townhomes, from BeachesMLS closings as of November 7, 2026. Homes for sale now are asking a median $4,050,000 and $3,581,200 respectively. These figures refresh daily on this page.
Is Coconut Grove a buyer's market or a seller's market?
By months of inventory, the single-family side of Coconut Grove is a seller's market right now: 2 months of supply, with condos and townhomes at 8 months (buyer's market). Under four months of supply favours sellers, over six favours buyers, and the two segments often sit on different sides of that line in South Florida.
How long does it take to sell a home in Coconut Grove?
Single-family homes that closed in Coconut Grove in the last 90 days had been on the market 36 days on average, and condos and townhomes 104 days. Sellers achieved 99.6% of their asking price on the typical single-family sale and 97.4% on the typical condo sale. Well-priced homes go under contract in the first few weeks; the average is pulled up by listings that started too high.
Are home prices in Coconut Grove going up or down?
Over the last twelve months the whole-market median sold price in Coconut Grove moved from $3,000,000 (Dec 2025) to $2,392,500 (Oct 2026), -20.2%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +21.5% and condo medians +96.1%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.
Are condo prices in Coconut Grove going up or down?
The median condo or townhome in Coconut Grove closed at $2,250,000 in the last 90 days, up 96.1% against the same 90 days a year earlier, with 8 months of condo inventory on the market and 104 days on average to go under contract, from BeachesMLS closings as of November 7, 2026. A citywide condo median blends every building and line; what a particular condo is worth comes from the closings in its own building, its association fees and its reserve and inspection status.
What is the median rent in Coconut Grove?
The median asking rent in Coconut Grove is $13,000 a month across 15 active rentals: $17,375 for houses and townhomes and $12,000 for condos and apartments. The Coconut Grove rentals hub carries the full rental market table, updated daily.
Where do these numbers come from?
Every figure is computed from BeachesMLS: active listings are counted as of the refresh date (November 7, 2026), sold figures cover closings in the last 90 days compared with the same 90 days a year earlier, and the monthly table buckets closed sales by closing date. Statistics refresh once a day and are cached; inventory over time comes from our own daily snapshots. Nothing on this page is typed by hand, and none of it is an appraisal. BreakThru Realty's market data methodology page explains every calculation, and broker of record Tyson E. Sam reviews the method and the written guidance in this report.

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