What is the median home price in Coconut Grove?

Over the last 90 days the median sold price in Coconut Grove was $2,380,000 for single-family homes and $2,667,500 for condos and townhomes, from BeachesMLS closings as of September 23, 2026. Homes for sale now are asking a median $5,050,000 and $2,975,000 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 10.5 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 39 days on average, and condos and townhomes 118 days. Sellers achieved 97.9% of their asking price on the typical single-family sale and 94.7% 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 $1,250,000 (Oct 2025) to $2,667,500 (Aug 2026), +113.4%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +3.5% and condo medians +70.4%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.

What is the median rent in Coconut Grove?

The median asking rent in Coconut Grove is $13,250 a month across 14 active rentals: $15,625 for houses and townhomes and $10,500 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 through the Spark API: active listings are counted as of the refresh date (September 23, 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.

BreakThru Realty Coconut Grove Housing Market Report

Name: BreakThru Realty Coconut Grove Housing Market Report
Creator: BreakThru Realty

BreakThru Realty analyzes BeachesMLS data daily to track home prices, inventory, sales, days on market and market direction in Coconut Grove, Florida. These figures were updated September 23, 2026. Nothing here is typed by hand.

Coconut Grove Housing Market: Key Figures

The median single-family home in Coconut Grove sold for $2,380,000 over the last 90 days, +3.5% against the same period a year earlier.
The median condo or townhome sold for $2,667,500, +70.4% year over year.
Single-family homes that sold averaged 39 days on the market; condos and townhomes 118 days.
With 2 months of inventory, single-family homes are a seller's market; condos and townhomes, at 10.5 months, are a buyer's market.
39 homes and condos were for sale in Coconut Grove on September 23, 2026.

Coconut Grove Market at a Glance

Updated September 23, 2026 from BeachesMLS.

39homes & condos for sale
3new listings this week
11under contract
18waterfront listings
19luxury listings ($3,000,000+)
5sold in the last 30 days

	Single-family homes	Condos & townhomes
Active listings	4	35
Median list price	$5,050,000	$2,975,000
Median list price per sq ft	$909/sq ft	$1,452/sq ft
Average days on market	78 days	180 days
Sold in the last 90 days	6	10
Median sold price (90 days)	$2,380,000	$2,667,500
Sale price as % of list price	97.9%	94.7%
Months of inventory	2 months	10.5 months
Median sold price vs. a year ago	+3.5%	+70.4%

Source: BeachesMLS via the Spark API. Active listings as of September 23, 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.

Month	Closed sales	Median sold price	Median $/sq ft	Avg days to sell	Sale-to-list
Oct 2025	3	$1,250,000	$678/sq ft	85 days	96.2%
Nov 2025	3	$1,617,000	$1,159/sq ft	83 days	91.9%
Dec 2025	5	$3,000,000	$938/sq ft	161 days	92.3%
Jan 2026	10	$1,722,500	$799/sq ft	189 days	93.3%
Feb 2026	4	$4,037,500	$883/sq ft	43 days	97.6%
Mar 2026	9	$1,300,000	$658/sq ft	107 days	94.5%
Apr 2026	16	$3,400,000	$1,003/sq ft	91 days	96%
May 2026	9	$1,375,000	$952/sq ft	71 days	96.5%
Jun 2026	9	$2,650,000	$968/sq ft	185 days	93.4%
Jul 2026	5	$1,799,000	$988/sq ft	75 days	95.7%
Aug 2026	6	$2,667,500	$1,161/sq ft	55 days	97.8%
Sep 2026 (to date)	3	$1,865,000	$814/sq ft	71 days	91%

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).

Date	Active listings	New this week	Under contract	Sold in 30 days	Median list (single-family)	Median list (condos)
2026-09-16	42	2	8	7	$5,025,000	$2,937,500
2026-09-17	40	1	10	7	$5,900,000	$2,900,000
2026-09-18	40	2	10	6	$5,900,000	$2,900,000
2026-09-19	40	3	11	5	$5,200,000	$2,937,500
2026-09-21	40	3	11	5	$5,200,000	$2,937,500
2026-09-22	41	4	11	5	$5,200,000	$2,975,000
2026-09-23	39	3	11	5	$5,050,000	$2,975,000

Coconut Grove Rental Market at a Glance

Updated September 23, 2026 from BeachesMLS.

14homes for rent
$13,250/momedian asking rent
2new rentals this week
8leased in the last 30 days

	Houses & townhomes	Condos & apartments
Active rentals	4	10
Median asking rent	$15,625/mo	$10,500/mo
Median rent per sq ft	$4.41/sq ft	$7.38/sq ft
Average days on market	125 days	63 days
Leased in the last 90 days	5	22
Median leased rent (90 days)	$5,500/mo	$9,750/mo
Median leased rent vs. a year ago	-47.6%	+52.3%

Source: BeachesMLS via the Spark API. Asking rents are active rentals as of September 23, 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 $2,380,000 ($1,149 per square foot) and the median condo or townhome for $2,667,500 ($968 per square foot). Against the same 90 days a year earlier that is +3.5% for single-family homes and +70.4% for condos. Homes on the market now are asking a median $5,050,000 (single-family) and $2,975,000 (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

39 homes and condos are for sale in Coconut Grove today, 3 of them listed in the last seven days, and 11 are under contract. 5 sales closed in the last 30 days. Single-family homes carry 2 months of inventory and condos 10.5 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 78 days on average, condos 180 days.

Single-Family Homes vs. Condos and Townhomes

The two halves of the Coconut Grove market move differently. Single-family sellers achieved 97.9% of their asking price on the typical sale in the last 90 days after 39 days on market; condo and townhome sellers achieved 94.7% after 118 days. 6 single-family homes and 10 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

82 residential sales closed in Coconut Grove over the last twelve months. The whole-market median sold price moved from $1,250,000 in Oct 2025 to $2,667,500 in Aug 2026, a change of +113.4%. 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.

Selling a Home in Coconut Grove

A Coconut Grove home is priced by its building or its lot. For a condo, the building's age and reserves, the floor, the view of the bay or the canopy, parking, a boat slip and the association fees separate two units with the same floor plan. For a house, the lot size, the elevation and flood zone, the trees on the lot and what the City of Miami's zoning and tree rules allow, and whether the house is original, renovated or new construction decide the price. Some Grove homes are listed with Miami rather than Coconut Grove as their city, so we pull comparable sales under both names, and your buyers are also touring Coral Gables, Brickell and South Miami. Start with a free valuation built on recent MLS sales, ask for a full comparative market analysis, or request a guaranteed cash offer if you need a fast, as-is sale.

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.

Thinking About Selling in Coconut Grove?

The median Coconut Grove single-family home closed at $2,380,000 in the last 90 days and took 39 days to go under contract. Prices in your neighborhood may differ from the city average. Enter your address for a property-specific valuation built on the closed sales nearest your home.

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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 $2,380,000 for single-family homes and $2,667,500 for condos and townhomes, from BeachesMLS closings as of September 23, 2026. Homes for sale now are asking a median $5,050,000 and $2,975,000 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 10.5 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 39 days on average, and condos and townhomes 118 days. Sellers achieved 97.9% of their asking price on the typical single-family sale and 94.7% 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 $1,250,000 (Oct 2025) to $2,667,500 (Aug 2026), +113.4%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +3.5% and condo medians +70.4%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.
What is the median rent in Coconut Grove?: The median asking rent in Coconut Grove is $13,250 a month across 14 active rentals: $15,625 for houses and townhomes and $10,500 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 through the Spark API: active listings are counted as of the refresh date (September 23, 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.