Neighborhood · Miami, Florida
Macfarlane Homestead
A quiet Coconut Grove-area pocket near the coast
1
Homes for sale
$499,000
Median list price
$660
Avg price / sqft
124
Median days on market
Macfarlane Homestead is one of those small, walkable Miami pockets where the pace slows down and the streets feel residential in a way the towers of Downtown and Brickell never will. It sits within easy reach of the coast and the wider Coconut Grove area, close enough to the energy of Edgewater yet insulated from it. This is a neighborhood built on modestly scaled homes and a real sense of community rather than glass and valet parking.
For a buyer today, the reality is a tight, low-inventory market — there's currently just one active listing, priced at $499,000. That scarcity means when something does come up, it moves on your timeline, not the market's, and you can track new arrivals on the live map. Over the past year seven homes changed hands at a median of $680,000, so what's listed and what actually sells here can diverge — pricing well matters.
Macfarlane Homestead is a community in Miami, Florida.
Quick facts
$499,000 – $499K price range
756 sqft median home
6 sold in 12 months
On the market now
Homes for sale in Macfarlane Homestead
Every active listing inside the Macfarlane Homestead boundary
Open full map search →The numbers that matter
The Macfarlane Homestead market
6
Sold, last 12 months
$665,000
Median sold price
90%
Sale-to-list ratio
What sellers actually get vs asking
22 days
Median time to sell
Macfarlane Homestead vs Miami
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 145.8% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Macfarlane Homestead boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Macfarlane Homestead is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Macfarlane Homestead home
≈ $3,457/mo
$499,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
Population
277
Median age
31
Median income
$61,404
Median home value
$583,300
Beyond the listings
Living in Macfarlane Homestead
Beliefs
Top 2% in the U.S.Politically Engaged
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
Active
Top 4% in the U.S.Fitness Obsession
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Food & Drink
Top 4% in the U.S.Fueling for Fitness
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
Entertainment
Top 6% in the U.S.Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Active
Top 7% in the U.S.Functional Fitness
Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.
Relationships
Top 8% in the U.S.Dating Life
With dating comes highs, lows, and lots of questions. You can find this population talking about dating advice, breakups and how to express their feelings.
Straight answers
Macfarlane Homestead FAQs
Is Macfarlane Homestead a good place to live?+
It's a small, residential neighborhood with a quiet, community-driven feel, set within the wider Coconut Grove area and close to the coast. If you want to be near the energy of Brickell and Downtown without living in a tower, this pocket delivers that balance. The compact housing stock draws buyers who value walkability and neighborhood character over amenity-heavy new construction.
Is it expensive to buy here?+
Yes, prices reflect the desirable location — the single active listing is $499,000, while homes that sold over the past year did so at a median of $680,000. The average price works out to about $660 per square foot, so you're paying a premium for a compact home in a tight market. Compared to the broader range of Miami homes for sale, this is a focused, higher-value pocket.
What do homes cost in Macfarlane Homestead?+
Right now there's one home on the market at $499,000, and over the last 12 months seven sales closed at a median of $680,000. Homes here tend to be small — around 756 square feet at the median — which is why the per-square-foot figure of $660 runs high. Expect prices to vary widely depending on lot and condition given how few properties trade.
How is the market right now?+
It's a low-inventory, slower-moving market: just one active listing, and homes have been taking a median of 124 days to sell. Sellers are getting about 91% of their asking price on average, so there's room to negotiate but not a fire sale. With only seven sales in the past year, each transaction carries real weight — watch the live map for new listings.
What about HOA fees and property taxes?+
These are largely single-family homes without significant HOA structures, so HOA data isn't reported for the neighborhood. Property taxes run around $7,414 per year at the median, which is the main ongoing carrying cost to budget for. Always confirm the exact tax figure for a specific property, since assessments vary.
Keep exploring
More Miami neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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