Buyer's MarketJune 2026

Coconut Grove Housing Market Report

Live MLS data · 54 active listings · $3M median · Updated June 2026

TL;DR

The Coconut Grove housing market has 54 active listings with a median asking price of $3M as of June 2026. 15% of listings have had a price reduction. Average price per square foot is $1554, with homes spending an average of 95 days on market — a buyer's market.

54

Active Listings

$3M

Median Price

$1554

Avg $/sqft

95

Avg Days on Market

15%

Price Reduced

Price Distribution

Under $300K
1 (2%)
$500K–$750K
2 (4%)
$1M–$2M
17 (31%)
$2M+
34 (63%)

By Property Type

Condos
$3.1M
House
$4.3M
Townhouses
$2.8M

Median Price by Bedrooms — Coconut Grove

BedroomsActive ListingsMedian Price
Studio/1 BR7$1.3M
2 BR13$1.9M
3 BR14$3.1M
4 BR16$7.5M
5+ BR4$7.7M

ELLA AI Market Analysis — Coconut Grove

The Coconut Grove real estate market currently has 54 active listings as of June 2026, with a median asking price of $3M and an average of $1554/sqft. Homes are spending an average of 95 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.

Townhouses represent the best value in Coconut Grove right now, with an average price per square foot of $873 and a median asking price of $2.8M. There are currently 6 active townhouses listings available.

With 15% of listings having seen a price reduction, there is meaningful negotiating room in Coconut Grove. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.

Frequently Asked Questions — Coconut Grove Real Estate Market

What is the average home price in Coconut Grove right now?

As of June 2026, the median asking price in Coconut Grove is $3M, with an average of $4.4M. Prices range from $50K to $23.5M. The average price per square foot is $1554.

Is Coconut Grove a buyer's or seller's market?

Coconut Grove is currently a buyer's market. Homes average 95 days on market and 15% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.

How long do homes stay on the market in Coconut Grove?

As of June 2026, homes in Coconut Grove spend an average of 95 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.

What is the most affordable property type in Coconut Grove?

Townhouses are currently the most affordable by price per square foot in Coconut Grove, averaging $873/sqft with a median price of $2.8M. There are 6 active townhouses listings available.

How much can I save buying in Coconut Grove with Casa Simple?

Based on the median home price of $3M in Coconut Grove, Casa Simple buyers typically receive savings of $20K–$40K at closing. This is a closing cost credit — you pay nothing extra. The exact amount depends on purchase price and plan.

What is the average HOA fee in Coconut Grove?

HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.

Ready to buy in Coconut Grove?

ELLA analyzes every listing in Coconut Grove with an AI-powered IQ score. Get up to $40K back at closing.

Coconut Grove Housing Market Report — June 2026 | Casa Simple