Northeast Coconut Grove is liquid enough to have three real markets. Single-family homes carry a median near $2,925,000, condos near $1,387,500, and townhouses near $1,550,000 as of mid-2026. Each is reported separately so the medians stay clean.
Northeast Coconut Grove runs from the bayfront streets toward the village center and carries enough volume across property types to support three distinct medians: single-family homes, condos, and townhouses. That makes it one of the few Grove pockets where you can read each market cleanly rather than guessing from a blended number.
All three types have real sale counts here, so the medians are trustworthy and the comparison between them is meaningful.
Northeast Coconut Grove Prices by Property Type
Use the toggle to switch between property types. Each one keeps its own median, price per square foot, and trend, so single-family homes and condos never distort each other.
Single-family homes in Northeast Coconut Grove, based on about 61 sales over the trailing three months.
Northeast Coconut Grove Single-family scoreboard
Single-family homes top the Northeast Grove market with a median near $2,925,000 at about $1,109 per square foot on roughly 61 sales over the trailing three months. The median was up modestly year over year, and supply is tight, so well-priced houses move. This is the deepest high-end single-family pocket in the Grove by volume.
| Period (3-mo end) | Value |
|---|---|
| 2025-12 | $3,241,900 |
| 2026-01 | $2,850,000 |
| 2026-02 | $3,144,000 |
| 2026-03 | $3,000,000 |
| 2026-04 | $3,172,000 |
| 2026-05 | $2,925,000 |
| Segment | Months of supply | Market |
|---|---|---|
| Northeast Coconut Grove Single-family | 4.7 | Seller's market |
Rule of thumb: under 5 months of supply = seller's market, 5 to 7 = balanced, over 7 = buyer's market. Months of supply is derived from active inventory and the trailing 3-month sale pace.
| Period (3-mo end) | Value |
|---|---|
| 2025-12 | 86 |
| 2026-01 | 114 |
| 2026-02 | 90 |
| 2026-03 | 114 |
| 2026-04 | 120 |
| 2026-05 | 96 |
Northeast Coconut Grove single-family near $2.93M is the Grove's deepest high-end house market, and supply favors sellers.
Gerardo Gonzalez, Licensed Real Estate Agent at Compass
Condos & co-ops in Northeast Coconut Grove, based on about 52 sales over the trailing three months.
Northeast Coconut Grove Condos scoreboard
Condos are a substantial, separate market here, with a median near $1,387,500 at about $921 per square foot on roughly 52 sales over the trailing three months. The condo median was up year over year. Days on market run longer than the house side, which is normal for branded and waterfront condo product, and the per-square-foot stays high.
| Period (3-mo end) | Value |
|---|---|
| 2025-12 | $1,289,000 |
| 2026-01 | $1,447,200 |
| 2026-02 | $1,380,000 |
| 2026-03 | $1,320,000 |
| 2026-04 | $1,305,000 |
| 2026-05 | $1,387,500 |
| Segment | Months of supply | Market |
|---|---|---|
| Northeast Coconut Grove Condos | 7.5 | Buyer's market |
Rule of thumb: under 5 months of supply = seller's market, 5 to 7 = balanced, over 7 = buyer's market. Months of supply is derived from active inventory and the trailing 3-month sale pace.
| Period (3-mo end) | Value |
|---|---|
| 2025-12 | 162 |
| 2026-01 | 150 |
| 2026-02 | 142 |
| 2026-03 | 141 |
| 2026-04 | 154 |
| 2026-05 | 132 |
Northeast Grove condos near $1.39M are a deep, separate market from the houses, and they carry a high per-square-foot.
Gerardo Gonzalez, Licensed Real Estate Agent at Compass
Townhouses in Northeast Coconut Grove, based on about 33 sales over the trailing three months.
Northeast Coconut Grove Townhouses scoreboard
Townhouses round out the three markets, with a median near $1,550,000 at about $754 per square foot on roughly 33 sales over the trailing three months. They turn the fastest of the three property types here given limited inventory, and they offer a middle entry point between condos and single-family homes.
| Period (3-mo end) | Value |
|---|---|
| 2025-12 | $1,525,000 |
| 2026-01 | $1,500,000 |
| 2026-02 | $1,525,000 |
| 2026-03 | $1,400,000 |
| 2026-04 | $1,575,000 |
| 2026-05 | $1,550,000 |
| Segment | Months of supply | Market |
|---|---|---|
| Northeast Coconut Grove Townhouses | 2.2 | Seller's market |
Rule of thumb: under 5 months of supply = seller's market, 5 to 7 = balanced, over 7 = buyer's market. Months of supply is derived from active inventory and the trailing 3-month sale pace.
| Period (3-mo end) | Value |
|---|---|
| 2025-12 | 128 |
| 2026-01 | 112 |
| 2026-02 | 79 |
| 2026-03 | 83 |
| 2026-04 | 79 |
| 2026-05 | 71 |
Northeast Grove townhouses near $1.55M sit between the condo and house markets and move quickly.
Gerardo Gonzalez, Licensed Real Estate Agent at Compass
Key Takeaways
- Northeast Coconut Grove is the Grove's deepest high-end house market. Single-family sat near $2,925,000 at about $1,109 per square foot as of May 2026, up about 17 percent year over year on 61 trailing-three-month sales, which is enough volume to trust.
- At 4.7 months of supply with 96 active listings and a 96 day median time on market, this is close to a balanced market, not the buyer's market you see on the condo side of Miami.
- This submarket carries three genuinely separate products: houses near $2.93M, condos, and townhouses. A blended Grove median fits none of them, which is why I read each property type on its own line.
- The per-square-foot number is doing more work than the median here. Lot size, canopy and walkability to the Grove village core swing values more than interior finish level.
- My advice to buyers at this price: the Grove rewards patience on the right street more than speed on the right price. Two houses a few blocks apart can be very different long-term holds.
Quick Facts: Northeast Coconut Grove
| Median sale price (single-family) | $2,925,000 |
|---|---|
| Median price per square foot | $1,109 |
| Year over year | Up about 17% |
| Median days on market | 96 |
| Months of supply | 4.7 |
| Active inventory | 96 |
| Homes sold (trailing 3 months) | 61 |
| Market read | Near balanced, deepest high-end house market in the Grove |
Methodology and Sources
- Compiled by: LuxuryDade and Gerardo Gonzalez, Licensed Real Estate Agent at Compass. I assemble and refresh this neighborhood report myself.
- Why split by property type: a neighborhood that mixes single-family estates and condos produces a blended median that fits neither. Each property type is reported separately so its median stays clean.
- Geography: the Northeast Coconut Grove neighborhood as defined within the Miami metro area, filtered so same-name neighborhoods in other Florida metros are excluded.
- Window: figures are trailing three-month (rolling) medians, which is the right granularity at the neighborhood level where monthly sale counts are tiny.
- Months of supply: derived from active inventory divided by the trailing 3-month sale pace.
- Missing or thin values: any cell shown as "unavailable" was missing in the underlying data; property types with very few sales are flagged as small-sample and read as directional.
- Data reference: compiled with reference to Redfin (redfin.com/news/data-center). Aggregated market figures, split by property type, not MLS or proprietary brokerage data.
LuxuryDade and Gerardo Gonzalez. "Northeast Coconut Grove Prices 2026 by Property Type." As of May 2026. https://luxurydade.com/reports/neighborhoods/coconut-grove-northeast-home-prices-2026 (verified June 5, 2026).
Related Guides and Data
- Coconut Grove Luxury Condos Guide
- Coconut Grove Family Homes Guide
- South Florida Housing Market Data (full dashboard)
- All South Florida neighborhood data
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