The Edgewater market

Market report · Neighbourhood · Oct 2026

The Edgewater market, in numbers

Homes in Edgewater typically sell in about 185.5 days, close around 3.8% under ask, prices are up 20.9% on a year ago. With 50.0 months of inventory, it’s a buyer’s market.

Median sale price

$723k

↑ +32.0% MoM↑ +20.9% YoY

26 sales closed in Oct 2026

Median rent

$3,700/mo

↓ −14.0% MoM↓ −11.9% YoY

88 leases closed in Oct 2026

Time to sell

185.5 days

typical days on market

Days from listing to going under contract.

Negotiation room

3.8% under ask

typical closing vs asking price

How far below the asking price homes typically close.

Months of inventory

50.0 mo

buyer’s market

Active listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.

Gross rental yield

6.2%

yearly rent ÷ sale price

A year of median rent as a share of the median sale price.

+50% vs Miami overallmedian sale price

Sells 90 days slower than Miamidays on market

HOA fees 1.88× the Miami averageper sqft, monthly

Your questions, answered

Straight answers from Edgewater’s closed transactions.

What does a home here cost?

The median sale closed at $723k in Oct 2026, up 20.9% on a year ago. Typical sales ranged $320k–$1.97M.

What income do you need to buy here?

At a 6.5% 30-year mortgage with 20% down, the median home runs about $6,318/mo including taxes and HOA — comfortable at a household income around $253k a year, using the 30% rule. Renting instead costs $3,700/mo.

Is now a good time to buy?

50.0 months of inventory points to a buyer’s market, and sellers are accepting about 3.8% under ask. Prices are still climbing, so waiting has a cost.

How fast do homes sell?

About 185.5 days from listing to contract in Oct 2026. The pace picks up toward July and slows around January.

How much room is there to negotiate?

Closings typically land 3.8% under asking price, and 40% of active listings have already reduced their price (median cut 5.0%).

When is the best time to list?

Closings peak in July and bottom out around January. Listing four to six weeks ahead of the peak historically gets the most eyes.

Is it a good rental investment?

A year of median rent ($3,700/mo) equals 6.2% of the median sale price, before fees and taxes. HOA fees run 1.88× the Miami average.

Buying vs renting

Price-to-rent ratio is 16.3 — buying typically starts to beat renting after roughly 5–7 years here.

To buy — median sale price

Sale price, $

$723k↑ +32.0% MoM↑ +20.9% YoY

Oct 2026 — median $723k · 26 sales · 185.5 days on market

$1.0M

$2.0M

$3.0M

$4.0M

Nov ’25

Jan ’26

Mar ’26

May ’26

Jul ’26

Sep ’26

To rent — median monthly rent

Monthly rent, $

$3,700/mo↓ −14.0% MoM↓ −11.9% YoY

Oct 2026 — median $3,700/mo · 88 leases · 57 days on market

$5,000

$10k

$15k

$20k

Nov ’25

Jan ’26

Mar ’26

May ’26

Jul ’26

Sep ’26

MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.

What each size costs

Medians over the last 12 months.

Beds

To buy

To rent

Volume

Studio

$257k

$2,157/mo

63 closed

1 bed

$422k

$3,001/mo

693 closed

2 beds

$731k

$4,783/mo

730 closed

3 beds

$1.49M

$8,612/mo

269 closed

What sells here

Sales mix and median price by property type, last 12 months.

Condo

$693k

100% of sales · 422 closed

Townhouse

$580k

0% of sales · 1 closed

Low sample

Market depth

Supply and demand

Listings per month

Oct 2026 — 26 closed · 76 new · 1432 active

500

1000

1500

2000

Nov ’24

Feb ’25

May ’25

Aug ’25

Nov ’25

Feb ’26

May ’26

Aug ’26

ClosedActive (on market)New listings

Seasonality

Avg closings

Listings move fastest in July

Average closings by calendar month, drawn from at least two years of history.

Price-cut pressure

% of active listings

Oct 2026 — 40% of active listings cut · median cut 5.0%

25%

50%

75%

Nov ’24

Feb ’25

May ’25

Aug ’25

Nov ’25

Feb ’26

May ’26

Aug ’26

3-month averageSingle month

HOA fees per sqft

$ per sqft, monthly

$1.34 per sqft · Oct 2026

$1.00

$1.10

$1.20

$1.30

$1.40

$1.50

Nov ’24

Feb ’25

May ’25

Aug ’25

Nov ’25

Feb ’26

May ’26

Aug ’26

Median monthly HOA fee per square foot among closed sales.

How neighbourhoods compare across Miami

Median sale price, last 12 months. Tap a row to open its report.

College Groves

$9.0M↓ −49.2% YoY

Ponce-Davis

$6.79M↓ −53.4% YoY

Miami International Airport

$5.89M

Helms Country Estates

$4.76M

$2.73M↑ +91.8% YoY

$2.72M↓ −40.8% YoY

$2.7M↓ −29.9% YoY

$2.41M↑ +635.4% YoY

$2.09M↓ −8.0% YoY

$2.08M↑ +115.6% YoY

$2.03M↑ +567.6% YoY

$2.03M

$1.97M

$1.62M

$1.56M↑ +49.4% YoY

$1.54M↓ −1.9% YoY

$1.52M↑ +119.2% YoY

$1.46M↑ +15.2% YoY

$1.45M

$1.44M

$1.38M↑ +1.2% YoY

$1.14M↓ −39.2% YoY

$1.05M

$1.05M

$999k↑ +8.4% YoY

$996k↑ +38.1% YoY

$966k↑ +152.5% YoY

$902k↓ −9.3% YoY

$865k

100 Hidden Bay Condominiums

$838k

Glenvar Heights

$822k↑ +65.8% YoY

Lindgren

$792k

Allapattah Sunny Gardens

$775k

$769k↓ −5.9% YoY

$767k↑ +11.8% YoY

$751k↑ +5.2% YoY

$690k↑ +20.9% YoY

$681k↓ −48.9% YoY

$659k↓ −5.0% YoY

$653k↑ +2.0% YoY

Grapeland Heights Estates

$645k↓ −7.7% YoY

$641k

$634k↓ −4.8% YoY

$633k

$623k↓ −3.9% YoY

55 Merrick Condominiums

$617k

$615k↑ +7.6% YoY

$600k

$599k↓ −13.9% YoY

$588k↑ +41.7% YoY

$584k↓ −36.9% YoY

$584k↓ −15.6% YoY

$576k↓ −18.7% YoY

$555k↓ −26.2% YoY

$549k↓ −3.9% YoY

$542k↓ −23.1% YoY

$537k↓ −34.6% YoY

$533k

$529k↑ +2.0% YoY

$522k↓ −1.0% YoY

$521k

$519k

$513k↑ +11.2% YoY

$512k↑ +37.0% YoY

$506k↓ −26.1% YoY

$490k↑ +3.2% YoY

$490k↓ −85.0% YoY

Westview Country Club

$488k↓ −11.5% YoY

West Little River

$486k↑ +2.9% YoY

Fulford Highlands

$484k↑ +43.6% YoY

Norland

$483k↑ +16.1% YoY

Mystic Pointe at Aventura

$482k↑ +48.5% YoY

$481k↓ −9.9% YoY

$477k↑ +12.7% YoY

$477k↓ −14.4% YoY

$471k↑ +6.7% YoY

$469k↓ −6.1% YoY

$467k↑ +13.9% YoY

$460k↑ +0.7% YoY

$457k↓ −9.6% YoY

$456k↑ +66.4% YoY

Biscayne Yacht and Country Club

$453k↑ +31.6% YoY

$450k

$447k↓ −32.8% YoY

$440k↑ +88.1% YoY

$422k↑ +45.3% YoY

$411k↓ −41.4% YoY

$405k↑ +15.3% YoY

$400k↓ −12.8% YoY

$373k↑ +4.8% YoY

$367k↑ +79.0% YoY

$352k↓ −1.7% YoY

$348k↓ −16.5% YoY

$345k↓ −16.2% YoY

$331k↑ +20.6% YoY

$330k↓ −35.9% YoY

$318k↑ +9.8% YoY

Parc Central Aventura

$314k↓ −14.0% YoY

Kings Meadow

$312k↑ +16.1% YoY

100

Windward

$312k↑ +59.8% YoY

101

Aqua Vista Towhhomes

$307k

102

Asbury Park

$307k

103

Le Jeune Plaza

$303k

104

International Gardens

$300k↓ −12.5% YoY

105

California Club

$297k↑ +7.1% YoY

106

Kendale Lakes West

$285k↓ −4.8% YoY

107

Heron of the Hammocks

$272k

108

Kendale Lakes Center

$257k

109

Ojus

$253k↓ −31.9% YoY

110

Andover Lakes

$217k↓ −17.2% YoY

111

Bayview Palms

$155k

112

Crestview Towers

$111k↑ +11.9% YoY

113

Bonavista

$850

Homes for sale in Edgewater →Rentals in Edgewater →

Based on 3474 closed transactions over the period shown · Updated Nov 1, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.