Florida City home prices fell in January 2021

Medium realestate3

The median sale price of a home sold in January 2021 in Florida City fell by $41,650 while total sales decreased by 87.5%, according to BlockShopper.com.

In January 2021, there were two homes sold, with a median sale price of $110,000 - a 27.5% decrease over the $151,650 median sale price for the same period of the previous year. There were 16 homes sold in Florida City in January 2020.

The median sales tax in Florida City for the most recent year with available data, 2019, was $1,860, approximately 1.7% of the median home sale price for January 2021.

The following table compares Florida City to other Miami-Dade County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
North Miami2695-72.6%$300,000$203,00047.8%
North Bay Village923-60.9%$265,000$275,000-3.6%
Hialeah Gardens421-81%$255,000$250,0002%
Florida City (unincorporated) 37-57.1%$140,000$120,00016.7%
Virginia Gardens110%$130,000$160,000-18.8%
Florida City216-87.5%$110,000$151,650-27.5%

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