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The Heron of the Hammocks market
Market report · Neighbourhood · Aug 2026
The Heron of the Hammocks market, in numbers
Part of Miami — see the Miami report
Homes in Heron of the Hammocks typically sell in about 85 days. With 18.0 months of inventory, it’s a buyer’s market.
Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.
Median sale price
$284k
1 sales closed in Aug 2026
Low sampleMedian rent
$2,000/mo
↑ +0.3% YoY
3 leases closed in Jul 2026
Time to sell
85 days
typical days on market
Low sampleDays from listing to going under contract.
Months of inventory
18.0 mo
buyer’s market
Low sampleActive listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.
Sells 14 days faster than Miamidays on market
Your questions, answered
Straight answers from Heron of the Hammocks’s closed transactions.
What does a home here cost?
The median sale closed at $284k in Aug 2026. Typical sales ranged $284k–$284k.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $2,168/mo including taxes and HOA — comfortable at a household income around $87k a year, using the 30% rule. Renting instead costs $2,000/mo.
Is now a good time to buy?
18.0 months of inventory points to a buyer’s market.
How fast do homes sell?
About 85 days from listing to contract in Aug 2026. The pace picks up toward December and slows around February.
How much room is there to negotiate?
Not enough closed sales this month to measure — the price-cut chart below is the best proxy.
When is the best time to list?
Closings peak in December and bottom out around February. Listing four to six weeks ahead of the peak historically gets the most eyes.
Is it a good rental investment?
Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.
Buying vs renting
Price-to-rent ratio is 11.8 — buying typically starts to beat renting after roughly 3–4 years here.
To buy — median sale price
Sale price, $
$284k
Aug 2026 — median $284k · 1 sales · 85 days on market · low sample
$260k
$270k
$280k
$290k
$300k
Sep ’25
Nov ’25
Jan ’26
Mar ’26
May ’26
Jul ’26
To rent — median monthly rent
Monthly rent, $
$2,000/mo↑ +0.3% YoY
Jul 2026 — median $2,000/mo · 3 leases · 61 days on market
$1,950
$2,000
$2,050
$2,100
Sep ’25
Nov ’25
Jan ’26
Mar ’26
May ’26
Jul ’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
2 beds
$283k
$2,032/mo
17 closed
What sells here
Sales mix and median price by property type, last 12 months.
Condo
$283k
100% of sales · 3 closed
Market depth
Supply and demand
Listings per month
Aug 2026 — 1 closed · 0 new · 6 active
0
2.5
5
7.5
10
Sep ’24
Dec ’24
Mar ’25
Jun ’25
Sep ’25
Dec ’25
Mar ’26
Jun ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in December
0
0.2
0.4
0.6000000000000001
0.8
J
F
M
A
M
J
J
A
S
O
N
D
Average closings by calendar month, drawn from at least two years of history.
Price-cut pressure
% of active listings
Aug 2026 — 0% of active listings cut
0%
10%
20%
30%
40%
50%
Sep ’24
Dec ’24
Mar ’25
Jun ’25
Sep ’25
Dec ’25
Mar ’26
Jun ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
$0.37 per sqft · Aug 2026
$0.30
$0.32
$0.34
$0.36
$0.38
Sep ’24
Dec ’24
Mar ’25
Jun ’25
Sep ’25
Dec ’25
Mar ’26
Jun ’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.
Based on 36 closed transactions over the period shown · Updated Sep 1, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.