Coconut Grove · micromarket · 12 months · data as of October 19, 2026
South Grove Market Report
Closed sales from October 1, 2025 to September 30, 2026 · MIAMI REALTORS® MLS data as of October 19, 2026 · reviewed by Julian Acosta · next report January 2027
Median sale price · single-family · 12 months
$3,500,000▲ 32.1% vs the twelve months before
The median sale price of a single-family home in South Grove, Coconut Grove (the typical price: half sold for more and half for less), was $3,500,000 in the twelve months to September 30, 2026, on 70 closed sales, 32.1% more than in the twelve months before, according to MIAMI REALTORS® MLS records analyzed by Julian Acosta with data as of October 19, 2026.
Where South Grove Is
South Grove lies south of Franklin and Kumquat Avenues and Main Highway, to Le Jeune Road, Battersea Road, Prospect Drive and the bay. It is the Grove's area of larger lots: a median of about 9,400 SF, and 96 of half an acre or more. Main Highway runs along its north edge, and its parks include Merrie Christmas Park and Ye Little Wood. More than half of its houses were built before 1960. (Miami-Dade County Property Appraiser, 2026 record, read October 25, 2026.)
Key takeaways
- Houses in South Grove, Coconut Grove, sold at a median of $3,500,000 in the 12 months to September 2026, on 70 sales, 32.1% more than in the 12 months before. See the full reading
- Off the water, a South Grove house sold at a median of $3,392,500, on 66 sales, 28.0% more than in the 12 months before. See the full reading
- Houses in South Grove Bayside sold at a median of $7,600,000, on 13 sales, and in the South Grove neighborhood at $3,200,000, on 57. See the full reading
Where the South Grove market is heading
- South Grove sold 70 houses, against 59 a year earlier, and their median rose 32.1%. Off the water it rose 28.0%, so the rise is not only the 4 sales on the water.
These are the figures to date, not a forecast.
If you're selling in South Grove
- How long it takes: a South Grove house took a median of 44 days to sell in the 12 months to September 2026, about 6½ weeks.
- How close to the asking price: the typical South Grove house closed at 94.1% of its last list price in the 12 months to September 2026; 11 of the 70 closed at or above it.
If you're buying in South Grove
- Where the price is: $3,200,000 in the South Grove neighborhood, on 57 sales, and $7,600,000 in South Grove Bayside, on 13.
- Off the water: 66 houses off the water sold at a median of $3,392,500.
- Almost only houses: no condominium closed in South Grove in these twelve months, and 1 townhouse.
South Grove in figures
Data as of October 19, 2026
South Grove Single-Family Home Prices
70 sales · 12 months to September 2026Median sale price · single-family
$3,500,000
A year earlier: $2,650,000 · ▲ 32.1%
If you own a house in South Grove, this is your yardstick: half of the 70 houses sold there in the 12 months to September 30, 2026 closed above $3,500,000 and half below, against $2,850,000 across Coconut Grove (MIAMI REALTORS® MLS).
12 months · 70 sales · MIAMI REALTORS® MLS
Closed sales
70
A year earlier: 59
70 houses sold in South Grove in the 12 months to September 30, 2026, about 6 a month, against 59 the 12 months before (MIAMI REALTORS® MLS).
12 months · 70 sales · MIAMI REALTORS® MLS
Median price per sq ft · single-family
$1,243
A year earlier: $1,010 · ▲ 23.1%
To compare homes of different sizes, look at the price per square foot: a house in South Grove sold for a median $1,243 in the 12 months to September 30, 2026, so 2,000 Sq.Ft at that rate comes to about $2,490,000 (MIAMI REALTORS® MLS).
12 months · 70 sales · MIAMI REALTORS® MLS
Median days on market · single-family
44 days
A year earlier: 48 days
If you sell a house in South Grove, plan for about 6½ weeks: the typical one took 44 days to sell in the 12 months to September 30, 2026 (MIAMI REALTORS® MLS).
12 months · 70 sales · MIAMI REALTORS® MLS
Condos · none sold
South Grove Townhouse Prices
1 sale · 12 months to September 2026Median sale price · townhouses
1 sale, too few for a median
A year earlier: 1 sale
Only 1 townhouse sold in South Grove in the 12 months to September 30, 2026: too few for a fair median, so the sale is listed in the table below (MIAMI REALTORS® MLS).
12 months · 1 sale · MIAMI REALTORS® MLS
Closed sales
1
A year earlier: 1
1 townhouse sold in South Grove in the 12 months to September 30, 2026, fewer than one a month, against 1 the 12 months before (MIAMI REALTORS® MLS).
12 months · 1 sale · MIAMI REALTORS® MLS
On the water and off it in South Grove
12 monthsHouses on the water
4 sales, too few for a median
4 sales
The listing's MLS mark
Houses off the water
$3,392,500
66 sales
The listing's MLS mark
How townhouses are counted: The MLS files some side-by-side townhomes, two-unit condominiums, as condominiums; this report counts each sale as the MLS files it.
South Grove Home Prices by Neighborhood
South Grove's neighborhoods as the City of Miami draws them, each with its house sales in the twelve months to September 30, 2026; a neighborhood has its row from five sales.
| Neighborhood | Sales | Median price | Days (median) |
|---|---|---|---|
| South Grove | 57 | $3,200,000 | 54 |
| South Grove Bayside | 13 | $7,600,000 | 32 |
What is my home worth?
Enter your address. The page finds your home in the public record and reads the closed sales nearest it.
An estimate by Julian Acosta from MLS closed sales and the Miami-Dade County record; not an appraisal. How it works →
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South Grove versus the other areas of Coconut Grove
| Area | Houses: median price | Houses: sales | Houses: days (median) | Condos: median price |
|---|---|---|---|---|
| South Grove | $3,500,000 | 70 | 44 | — |
| North Grove → | $2,957,500 | 74 | 69.5 | $2,000,000 |
| Center Grove → | $1,900,000 | 8 | 27.5 | $862,500 |
| West Grove → | $1,109,000 | 26 | 34 | $840,000 |
| Coconut Grove, all its areas → | $2,850,000 | 178 | 45 | $1,471,095 |