Market Summary

Village Of Palmetto Bay, Miami Dade County, FL

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Median Home Price Price

$1,071,916 $1.1M

Median Monthly Rent Rent

$2,412 $2.4K

GRM

37.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Miami-Dade County

Region Price Rent GRM Display
$715,879 $2,383 25.0x
$435,611 $2,454 15.0x
$667,749 $2,450 23.0x
$1,456,073 $2,383 51.0x
$646,072 $2,438 22.0x
$647,517 $2,375 23.0x
$594,409 $2,396 21.0x
$2,084,857 $2,370 73.0x
$564,820 $2,414 19.0x
$472,360 $2,272 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within FL outside of Miami-Dade County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of FL

Region Price Rent GRM Display
$1,007,350 $2,141 39.0x
$1,118,527 $3,289 28.0x
$1,231,676 $2,713 38.0x
$984,457 $2,989 27.0x
$775,474 $2,555 25.0x
$1,335,181 $3,999 28.0x
$575,602 $1,708 28.0x
$530,716 $1,140 39.0x
$1,211,343 $2,934 34.0x
$369,818 $1,086 28.0x
$849,636 $3,167 22.0x
$603,502 $2,429 21.0x
$871,478 $2,528 29.0x
$910,952 $2,792 27.0x
$794,527 $2,345 28.0x
$934,064 $3,035 26.0x
$827,449 $2,455 28.0x
$838,957 $2,497 28.0x
$861,902 $2,067 35.0x
$1,021,751 $2,858 30.0x
$883,269 $2,624 28.0x
$887,358 $2,381 31.0x
$852,325 $2,686 26.0x
$536,555 $1,702 26.0x
$418,346 $2,416 14.0x
$710,077 $1,648 36.0x
$929,946 $1,962 39.0x
$544,712 $1,365 33.0x

Home prices

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Monthly rent

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GRM

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Village of Palmetto Bay

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Trend Insights

Median Rent in Village of Palmetto Bay, FL is $2,412, with MoM change +$15 and YoY change +$73 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

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Metric
Base market Village of Palmetto Bay, FL
Compare market Select a market
Delta vs base
Median rent
$2,412
N/A
Median price
$1,071,916
N/A
YoY change
+$73
N/A
Price-to-rent
37.0x
Data unavailable
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