3 days on Rocket
$5,451 Closing Credit¹
#225056326, Jeff Cherrie, Listing office: Starlink Realty, Inc
Coconut Grove Housing Market Report May 2025•Lee County, Florida
Housing Prices in Coconut Grove, FL
How much do homes in Coconut Grove, FL cost?
Median List Price
$479,000$250/SqFt
-$56,000
-10.5%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Coconut Grove has decreased by 10.5% since last year.
Summary: The median home list price in Coconut Grove was $479,000 in May 2025, down 10.5% from the previous year, and the median price per square foot was $250.
Median List Price By Neighborhoods
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Allen Park | $387.5K | $384.7K | -0.7% |
| Valencia Terrace | $942.9K | $879.5K | -6.7% |
| Sunset Park | $360K | $327.4K | -9.1% |
| Coconut Grove | $535K | $479K | -10.5% |
Median List Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $272.5K | $270K | -0.9% |
| 33 Bedrooms | $549K | $419.4K | -23.6% |
| 44 Bedrooms | $2.5M | $699K | -72.9% |
| 55+ Bedrooms | $8.2M | $949K | -88.5% |
Summary: Coconut Grove housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -0.9%. The home price for 3 bedroom homes decreased by -23.6%. The home price for 4 bedroom homes decreased by -72.9%. The home price for 5 bedroom homes decreased by -88.5%.
How does Coconut Grove, FL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Coconut Grove, FL
Housing supply in Coconut Grove, FL
How many homes are available in Coconut Grove, FL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthMay 2025 | ||
| 82 months agoApr 2025 | +12.5 % Change MoMApr – May |
Summary: The Coconut Grove real estate market had 9 homes for sale in May 2025, a 12.5 % increase compared to Apr 2025.
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 3 | 4 | +33.3% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Coconut Grove housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Coconut Grove, FL cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Coconut Grove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Coconut Grove in May 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Coconut Grove, FL
How long does it take to sell a home in Coconut Grove, FL?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Coconut Grove are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2025, 1 homes were sold in Coconut Grove; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 174 DaysThis YearMay 2025 | ||
| 200 Days1 year agoMay 2024 | -12.7 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Coconut Grove had an average listing age of 174 days in May 2025, down by 12.7% compared to the previous year.
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Newest Listings in Coconut Grove, FL
What homes are available in Coconut Grove, FL?
Tour
$8,301 Closing Credit¹
#225029612, Billee Silva, Listing office: Jones & Co Realty
#225028470, Michael McMurray, Listing office: Royal Shell Real Estate, Inc.
$8,312 Closing Credit¹
#225022036, Shane Wilson, Listing office: Cypress Realty Inc.
#225009584, Paul Fonseca, Listing office: Berkshire Hathaway FL Realty
$8,253 Closing Credit¹
#225006546, Craig Allenbaugh, Listing office: CoastalEdge Real Estate LLC
#224093868, Kelly Sackman, Listing office: Royal Shell Real Estate, Inc.
Tour
$3,859 Closing Credit¹
#RX-11015040, Claudia Gonzalez Carrera, Listing office: Partnership Realty Inc.
Nearby markets
Nearby markets aren't available for Coconut Grove, FL
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MLS Disclaimers and Copyright
Based on information from Florida Gulf Coast MLS, and Beaches MLS for the period 06/01/2023 - 06/01/2025
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 11:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 11:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.