Morningside / Bay Shore Housing Market Report May 2025•Miami-Dade County, Florida

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Housing Prices in Morningside / Bay Shore, FL

How much do homes in Morningside / Bay Shore, FL cost?

Housing Market Conditions

Is Morningside / Bay Shore, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Morningside / Bay Shore is a Buyer's Market

Difference Since May 2024

Since last year, Morningside / Bay Shore has remained a Buyer's Market.

Insight

Morningside / Bay Shore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,885,000$892/SqFt
+$335,000
+21.6%

Based on all homes sold in the last 12 months

Insight

Homes in Morningside / Bay Shore have sold for 21.6% more than they did a year ago.

Summary: The median home sold price in Morningside / Bay Shore was $1,885,000 in May 2025, up 21.6% from last year, and the median price per square foot was $892.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Morningside / Bay Shore
+21.6%
Upper East Side
+5.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$370K$347K
-6.2%
2$525K$372.2K
-29.1%
3$1.4M$1.8M
+29.4%
4$2.5M$2.0M
-18.0%
5$5.5M$3.2M
-40.5%

Summary: Morningside / Bay Shore housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -6.2%. The home price for 2 bedroom homes decreased by -29.1%. The home price for 3 bedroom homes increased by +29.4%. The home price for 4 bedroom homes decreased by -18.0%. The home price for 5 bedroom homes decreased by -40.5%.

How does Morningside / Bay Shore, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Morningside / Bay Shore, FL

Housing supply in Morningside / Bay Shore, FL

How many homes are available in Morningside / Bay Shore, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
29Last MonthMay 2025
232 months agoApr 2025
+26.1 %
Change MoMApr – May

Summary: The Morningside / Bay Shore real estate market had 29 homes for sale in May 2025, a 26.1 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthMay 2025
12 months agoApr 2025
0.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
111
0.0%
267
+16.7%
379
+28.6%
4810
+25.0%
512
+100.0%

Summary: Morningside / Bay Shore 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 increased by +16.7%. The inventory for 3 bedroom homes increased by +28.6%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Morningside / Bay Shore, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Morningside / Bay Shore, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Morningside / Bay Shore in May 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Morningside / Bay Shore, FL

How long does it take to sell a home in Morningside / Bay Shore, FL?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Morningside / Bay Shore are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 1 homes were sold in Morningside / Bay Shore; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
3 DaysThis YearMay 2025
90 Days1 year agoMay 2024
-96.7 %
Change YoYMay 2024 – May 2025

Summary: Homes in Morningside / Bay Shore had an average listing age of 3 days in May 2025, down by 96.7% compared to the previous year.

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Newest Listings in Morningside / Bay Shore, FL

What homes are available in Morningside / Bay Shore, FL?

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MLS Disclaimers and Copyright

Based on information from Miami MLS, for the period 06/01/2023 - 06/01/2025

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/25/2025, 12:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.