What is the median home value in Bay Harbor Islands, FL?
The median value of owner-occupied homes in Bay Harbor Islands, FL is $653,500 (±$77,274), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Bay Harbor Islands, the median home value went from $362,300 in 2015–2019 to $653,500 in 2020–2024 (+80.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $653,500 (±$77,274)
- Owner-occupied homes
- 1,016 (±199)
- Most common range
- $1,000,000 or more
Home values in Bay Harbor Islands
| Value | Bay Harbor Islands | Miami-Dade County | Florida | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±5.0 points) | 2.7% | 4.9% | 5.3% |
| $50,000 to $99,999 | 0.0% (±5.0 points) | 1.5% | 4.3% | 6.1% |
| $100,000 to $149,999 | 4.0% (±5.2 points) | 1.8% | 4.6% | 6.8% |
| $150,000 to $199,999 | 4.2% (±4.5 points) | 3.5% | 6.8% | 9.0% |
| $200,000 to $299,999 | 6.7% (±4.3 points) | 11.0% | 17.9% | 17.8% |
| $300,000 to $499,999 | 16.7% (±8.6 points) | 36.8% | 34.5% | 26.9% |
| $500,000 to $999,999 | 30.8% (±13.0 points) | 31.9% | 21.1% | 20.9% |
| $1,000,000 or more | 37.5% (±11.7 points) | 10.9% | 5.9% | 7.1% |
The most common range is $1,000,000 or more, 37.5% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Bay Harbor Islands against Miami-Dade County, its state and the nation
| Bay Harbor Islands | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Median home value | $653,500 (±$77,274) | $463,000 (±$2,523) | $359,000 (±$930) | $332,700 |
| Owner-occupied homes | 1,016 (±199) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
In Bay Harbor Islands, the median home value is higher than in Miami-Dade County ($463,000).
It is also higher than in Florida ($359,000).
It is higher than the national figure ($332,700).
In Miami-Dade County, Bay Harbor Islands ranks 14 of 69 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 87 of 838.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Bay Harbor Islands have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $362,300 (±$43,218) | $653,500 (±$77,274) | +80.4% | Up after inflation |
| Median owner cost with a mortgage | $2,647 (±$806) | $3,807 (±$288) | +43.8% | No measurable change after inflation |
| Median real estate taxes | $3,435 (±$561) | $6,256 (±$1,389) | +82.1% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Bay Harbor Islands
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Bay Harbor Islands | — | $653,500 (±$77,274) | — |
| Indian Creek | 0.7 mi | $2,000,000 or more | — |
| Bal Harbour | 0.7 mi | $1,823,500 (±$701,455) | Higher |
| Surfside | 0.8 mi | $881,700 (±$217,570) | Not measurably different |
| North Miami | 2.4 mi | $365,000 (±$12,298) | Lower |
| North Bay Village | 2.9 mi | $464,200 (±$70,828) | Lower |
| Biscayne Park | 3.0 mi | $674,300 (±$60,488) | Not measurably different |
| Miami Shores | 3.1 mi | $864,400 (±$59,041) | Higher |
| North Miami Beach | 3.5 mi | $366,700 (±$25,287) | Lower |
Nearby places with a measurably lower figure: North Miami, FL ($365,000), North Bay Village, FL ($464,200), North Miami Beach, FL ($366,700).
Nearby places with a measurably higher figure: Bal Harbour, FL ($1,823,500), Miami Shores, FL ($864,400).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Miami-Dade County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 8 | Surfside | $881,700 (±$217,570) |
| 9 | Palmetto Bay | $879,700 (±$24,415) |
| 10 | Miami Shores | $864,400 (±$59,041) |
| 11 | South Miami | $829,400 (±$81,144) |
| 12 | El Portal | $723,900 (±$95,207) |
| 13 | Biscayne Park | $674,300 (±$60,488) |
| 14 | Bay Harbor Islands | $653,500 (±$77,274) |
| 15 | Miami Lakes | $626,400 (±$26,952) |
| 16 | Sunset | $601,300 (±$47,678) |
| 17 | Coral Terrace | $582,900 (±$23,250) |
| 18 | Kendall | $567,900 (±$39,388) |
| 19 | Doral | $562,800 (±$19,518) |
| 20 | Miami Springs | $560,800 (±$66,930) |
Showing 13 of 69 places in Miami-Dade County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Bay Harbor Islands
What is the average home value in Bay Harbor Islands, FL?
The Census Bureau publishes the median: $653,500 (±$77,274) for owner-occupied homes in Bay Harbor Islands (2020–2024 American Community Survey).
Have home values in Bay Harbor Islands gone up?
In Bay Harbor Islands, the median home value went from $362,300 in 2015–2019 to $653,500 in 2020–2024 (+80.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Bay Harbor Islands sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bay Harbor Islands town, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bay Harbor Islands town, Florida
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Bay Harbor Islands town, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Bay Harbor Islands town, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Bay Harbor Islands town, Florida (place:03975, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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