What are the most expensive neighborhoods in Miami, FL?

The neighborhoods with the highest median home values in Miami, FL include: South-West Coconut Grove ($1,884,137), Fair Isle ($1,627,204), Biscayne Island ($1,514,030), North-East Coconut Grove ($1,493,397), South Miami ($1,078,559).

What are the most affordable neighborhoods in Miami, FL?

The neighborhoods with the lowest median home values in Miami, FL include: Overtown ($320,074), Kendall West ($344,562), Little Havana ($382,315), Liberty City ($410,193), Allapattah ($412,276).

Which Miami, FL neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Miami, FL include: South-West Coconut Grove (9.1%), North-East Coconut Grove (7.8%), Fair Isle (7.8%), Shenandoah (3.4%), Little Haiti (2.5%).

Three Lakes, FL Housing Market

$512,097

2.4% 1-yr

The average Three Lakes, FL home value is $512,097, down 2.4% over the past year. (Updated on 6/30/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Three Lakes Key Takeaways

Typical Home Values: $512,097

1-Year Value Change: -2.4%

(Data through June 30, 2026)

Three Lakes Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 61 (June 30, 2026)

New Listings: 13 (June 30, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $541,666 (June 30, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Richmond Heights$496,904
Country Walk$637,522
Palmetto Estates$581,926
Richmond West$628,092
Kendall$536,989
West Perrine$505,113
South Miami Heights$538,509
Kendale Lakes$434,613
Bel-Aire$651,805

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Three Lakes Rental Market Trends

Average Rent: --

National Average Rent: $1,965 (June 30, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.