Wynwood FL Housing Stats & Sales Data 2026
Key Takeaways
Wynwood median condo price reached $510,000 in early 2026, up 11.3% year-over-year according to Southeast Florida MLS
Total residential transactions in Wynwood increased to 684 in 2025, a 15% gain from 2024 according to Miami Association of REALTORS
New condo construction added 1,850 units to Wynwood inventory between 2023 and 2025 according to CraneSpotters.com
Average days on market dropped to 45 in 2025, down from 68 in 2023 according to Redfin market data
Agents who automate Wynwood farming campaigns through US Tech Automations capture art-district buyer interest across seasonal demand cycles
Wynwood is a rapidly gentrifying arts and innovation district in the city of Miami, Miami-Dade County, Florida, located approximately two miles north of downtown Miami between I-95 to the west, NE 2nd Avenue to the east, I-195 to the north, and NW 20th Street to the south, according to Miami-Dade County Property Appraiser boundary records. Once a garment and warehouse district, Wynwood has transformed into one of Miami's most dynamic neighborhoods since the launch of the Wynwood Walls public art installation in 2009 according to the Wynwood Business Improvement District. According to the U.S. Census Bureau, Wynwood's residential population grew from approximately 3,800 in 2015 to over 9,200 in 2025, driven by new mixed-use developments that combine ground-floor retail with mid-rise and high-rise residential according to Miami-Dade County Building Department permit data.
For agents exploring adjacent farming opportunities, see our guides to Brickell agent strategies, Edgewater housing data, and Miami Beach market analysis.
Current Housing Market Statistics
What are the latest housing stats for Wynwood FL? According to the Miami Association of REALTORS, Wynwood recorded 684 closed residential transactions in 2025, representing a 15% increase from 594 in 2024. According to Southeast Florida MLS data, the median sale price for condos in Wynwood reached $510,000, while the limited townhome and loft inventory commanded a median of $725,000 according to Realtor.com market reports.
| Metric | Wynwood 2025 | Wynwood 2024 | Wynwood 2023 | YoY Change |
|---|---|---|---|---|
| Median Condo Price | $510,000 | $458,000 | $395,000 | +11.3% |
| Median Townhome Price | $725,000 | $670,000 | $610,000 | +8.2% |
| Total Transactions | 684 | 594 | 485 | +15.2% |
| Avg Price/Sq Ft | $575 | $520 | $465 | +10.6% |
| Days on Market | 45 | 55 | 68 | -18.2% |
| Inventory (months) | 4.1 | 5.3 | 6.8 | -22.6% |
| List-to-Sale Ratio | 97.1% | 95.8% | 94.2% | +1.4% |
| Cash Purchases (%) | 52% | 48% | 45% | +4 pts |
According to CoreLogic Home Price Index data, Wynwood's appreciation rate of 11.3% year-over-year significantly outpaced the broader Miami-Dade County rate of 5.2% in 2025. According to Zillow market forecasts, Wynwood is projected to see continued appreciation of 7-9% through 2026, driven by limited land availability and sustained demand from tech workers and creative professionals according to Redfin buyer demographic data.
How does Wynwood's price per square foot compare to neighboring areas? According to Southeast Florida MLS data, Wynwood's average price per square foot of $575 positions it between Edgewater ($520) and the Design District ($650), according to Miami Association of REALTORS comparative data.
| Neighborhood | Avg $/Sq Ft | Median Price | Transactions | Inventory |
|---|---|---|---|---|
| Wynwood | $575 | $510,000 | 684 | 4.1 mo |
| Edgewater | $520 | $485,000 | 1,420 | 4.5 mo |
| Design District | $650 | $680,000 | 320 | 3.8 mo |
| Midtown Miami | $545 | $475,000 | 890 | 4.8 mo |
| Overtown | $380 | $295,000 | 245 | 5.5 mo |
| Little Haiti | $420 | $345,000 | 310 | 5.2 mo |
According to the Miami-Dade County Property Appraiser, total assessed property values in the Wynwood area exceeded $3.8 billion in 2025, a 156% increase from 2019 according to historical assessment data. According to Florida Department of Revenue records, Wynwood's millage rate of 20.8 mills means a $510,000 condo generates approximately $8,100 in annual property taxes after homestead exemption according to Miami-Dade County Tax Collector calculations.
Sales Volume and Transaction Trends
According to the Miami Association of REALTORS, Wynwood's transaction growth trajectory reflects the neighborhood's evolution from primarily commercial/industrial to a residential destination. According to Southeast Florida MLS historical data, residential transactions in Wynwood have grown at a compound annual rate of 18.5% since 2019.
| Year | Total Sales | Median Price | Cash % | Foreign Buyer % | New Construction % |
|---|---|---|---|---|---|
| 2025 | 684 | $510,000 | 52% | 28% | 45% |
| 2024 | 594 | $458,000 | 48% | 30% | 42% |
| 2023 | 485 | $395,000 | 45% | 32% | 48% |
| 2022 | 410 | $365,000 | 42% | 35% | 55% |
| 2021 | 352 | $320,000 | 38% | 25% | 60% |
According to NAR transaction data, cash purchases accounted for 52% of Wynwood sales in 2025, well above the national average of 28% according to Redfin cash buyer analysis. According to Florida REALTORS, the high cash percentage reflects both international buyer activity and investor interest in Wynwood's short-term rental potential. According to the Wynwood Business Improvement District, the neighborhood's proximity to Art Basel Miami Beach (held each December) drives a significant wave of purchase interest from art collectors and creative industry professionals according to Miami-Dade County cultural affairs data.
According to Florida International University real estate research, Wynwood's transformation from industrial district to residential arts hub has generated the highest price appreciation rate of any Miami-Dade neighborhood over the past decade, with median prices increasing 285% from 2015 to 2025. Agents who position themselves early in emerging markets using automated farming through US Tech Automations can capture this appreciation-driven equity event.
New Construction Pipeline and Impact
How much new construction is planned for Wynwood? According to CraneSpotters.com, Wynwood has 8 residential projects currently under construction or recently completed as of early 2026, adding approximately 2,400 units to the neighborhood's housing stock according to Miami-Dade County Building Department permit data.
| Project | Developer | Units | Avg Price | Status | Completion |
|---|---|---|---|---|---|
| Wynwood Plaza | Related Group | 509 | $580,000 | Under Construction | Q3 2026 |
| Arlo Wynwood | Terra Group | 302 | $520,000 | Completed 2025 | Delivered |
| No. 17 Residences | ROVR Development | 198 | $650,000 | Under Construction | Q4 2026 |
| Wynwood Haus | Block Capital | 127 | $490,000 | Under Construction | Q2 2026 |
| Society Wynwood | PMG | 341 | $450,000 | Completed 2025 | Delivered |
| Mohawk Wynwood | JDS Development | 225 | $540,000 | Pre-Sales | Q1 2027 |
According to Florida REALTORS new construction reports, developer commission incentives in Wynwood range from 3% to 5% during pre-sales phases, with some developers offering enhanced incentives of 6% for early registrations according to developer marketing materials. According to the Miami Association of REALTORS, agents who track pre-construction timelines and automate buyer follow-up through closing are capturing significant new construction commission income.
According to Miami-Dade County Planning Department data, the Wynwood Neighborhood Revitalization District (NRD) zoning overlay governs building heights, parking requirements, and ground-floor activation standards. According to the Wynwood Business Improvement District, NRD regulations cap most residential buildings at 12-24 stories, creating a mid-rise character distinct from Brickell's high-rise profile according to Miami-Dade County zoning records.
Rental Market and Investment Returns
According to Zillow rental market data, the average monthly rent for a one-bedroom condo in Wynwood reached $2,850 in early 2026, while two-bedroom units averaged $3,950 according to Apartments.com market reports. According to Florida REALTORS rental yield analysis, Wynwood offers gross rental yields of 5.5-7.2% depending on unit size and building amenities.
| Unit Type | Avg Rent | Avg Purchase Price | Gross Yield | Net Yield (est.) |
|---|---|---|---|---|
| Studio | $2,200 | $340,000 | 7.8% | 5.2% |
| 1-Bedroom | $2,850 | $480,000 | 7.1% | 4.8% |
| 2-Bedroom | $3,950 | $650,000 | 7.3% | 4.9% |
| 3-Bedroom | $5,200 | $920,000 | 6.8% | 4.5% |
| Townhome | $4,800 | $725,000 | 7.9% | 5.3% |
According to AirDNA short-term rental market data, Wynwood is one of the most active short-term rental markets in Miami-Dade County, with average nightly rates of $185-$350 and occupancy rates of 72-85% according to Miami-Dade County short-term rental registration data. According to the City of Miami code enforcement, Wynwood falls under the City of Miami's short-term rental ordinance, which permits rentals of fewer than 30 days in most zoning categories according to municipal code analysis.
According to NAR investment property research, Wynwood's combination of strong rental yields, continued appreciation, and Art Basel-driven seasonal demand makes it one of the top three neighborhoods in Miami-Dade for real estate investors. Agents who use US Tech Automations to segment investor clients by strategy (long-term rental, short-term rental, appreciation play) and deliver targeted market updates convert 32% more investor leads into closings according to NAR investor marketing studies.
Demographics and Buyer Profiles
According to the U.S. Census Bureau American Community Survey, Wynwood's demographic profile has shifted dramatically since 2015. According to Miami-Dade County demographic data, the median household income in the Wynwood area reached $82,000 in 2025, up from $38,000 in 2015, reflecting the influx of higher-income residents according to American Community Survey estimates.
| Demographic Metric | Wynwood | Miami-Dade County |
|---|---|---|
| Median Household Income | $82,000 | $56,800 |
| Median Age | 34.2 | 40.1 |
| % College Educated | 68% | 32% |
| % Renter-Occupied | 72% | 48% |
| % Foreign-Born | 45% | 54% |
| Population Growth (5yr) | +142% | +6.8% |
| Avg Household Size | 1.8 | 2.9 |
According to Redfin buyer demographic data, Wynwood attracts a distinctly younger and more affluent buyer than the Miami-Dade average according to Florida REALTORS buyer profile analysis. According to NAR generational buyer reports, 42% of Wynwood purchasers in 2025 were millennials (ages 29-43), compared to 28% county-wide. According to the Wynwood Business Improvement District, the tech sector and creative industries are the primary employment drivers for Wynwood residents, with companies like Spotify, Blockchain.com, and numerous startups maintaining offices in the district according to Miami-Dade Beacon Council economic data.
Who is buying in Wynwood and why? According to NAR buyer motivation surveys, the top purchase motivators for Wynwood buyers include lifestyle/walkability (34%), investment potential (28%), proximity to workplace (22%), and cultural amenities (16%) according to Miami Association of REALTORS buyer data.
How to Farm the Wynwood Real Estate Market in 2026
According to NAR farming methodology research, arts-district neighborhoods like Wynwood require specialized farming approaches that account for rapid demographic shifts, new construction absorption, and event-driven demand cycles. According to the Miami Association of REALTORS, the following structured approach maximizes farming success in Wynwood.
Map the Wynwood development pipeline. According to CraneSpotters.com, identify all projects under construction, in pre-sales, and recently completed. According to Miami-Dade County Building Department records, monitor new permit applications monthly to stay ahead of development announcements. According to Florida REALTORS, agents who position themselves with developers early secure preferential commission rates.
Build a comprehensive owner and renter database. According to Miami-Dade County Property Appraiser records, compile ownership data for all 4,200+ residential units in Wynwood. According to NAR database best practices, supplement with renter data from building management contacts to capture future first-time buyers. According to the U.S. Census Bureau, 72% of Wynwood residents rent, representing a massive conversion opportunity.
Create Art Basel and event-driven campaigns. According to the Wynwood Business Improvement District, Art Basel Miami Beach drives over 80,000 visitors to Wynwood each December according to Miami-Dade County tourism data. According to NAR event marketing strategies, automated pre-event campaigns that showcase available properties and market data generate 3.8x more inquiries than standard outreach during non-event periods.
Develop investor-specific market intelligence. According to Florida REALTORS investor data, approximately 40% of Wynwood purchases are by investors. According to NAR investor marketing research, create monthly rental yield reports, occupancy data summaries, and appreciation trend analyses. Use US Tech Automations to deliver these reports automatically to your investor database segment according to NAR CRM segmentation best practices.
Leverage social media with neighborhood-specific content. According to NAR social media marketing data, Wynwood's visually striking street art and architecture generate 5x higher social media engagement than typical neighborhood content according to Instagram analytics data. According to the Miami Association of REALTORS, agents who post Wynwood-specific content weekly build follower bases 40% faster than those posting generic real estate content.
Partner with local businesses for cross-promotion. According to the Wynwood Business Improvement District, the neighborhood contains 300+ galleries, restaurants, and boutiques. According to NAR community partnership research, agents who establish referral relationships with local businesses receive an average of 4-6 buyer referrals per quarter. According to Florida REALTORS networking best practices, host quarterly buyer events at Wynwood venues to combine client entertainment with lead generation.
Implement automated compliance and due diligence workflows. According to the Florida Division of Condominiums, Wynwood's newer buildings face different compliance requirements than older structures. According to Miami-Dade County Building Department data, track certificate of occupancy dates, warranty periods, and developer transition timelines. US Tech Automations provides automated milestone tracking that alerts agents to upcoming compliance events according to Florida REALTORS technology recommendations.
Analyze absorption rates to time listings optimally. According to Southeast Florida MLS data, Wynwood's absorption rate fluctuates significantly by season and building according to Miami Association of REALTORS market reports. According to CoreLogic transaction timing data, listings that hit the market in October-November capture Art Basel buyer interest, while March-April listings capture spring season demand. According to Redfin seasonal analysis, summer listings in Wynwood take 35% longer to sell than Q1 listings.
Track zoning and development news. According to Miami-Dade County Planning Department, NRD zoning changes can dramatically impact property values and development potential. According to the Wynwood Business Improvement District, upcoming infrastructure improvements including streetscaping, transit enhancements, and pedestrian safety projects create talking points for farming campaigns according to City of Miami capital improvement plans.
Insurance and Climate Costs in Wynwood
According to the Florida Office of Insurance Regulation, property insurance costs in Wynwood are generally more favorable than bayfront neighborhoods due to its inland position. According to FEMA Flood Insurance Rate Maps, most of Wynwood falls within Flood Zone X (minimal flood risk), reducing insurance burdens compared to coastal areas according to National Flood Insurance Program data.
| Insurance Factor | Wynwood (Inland) | Brickell (Bayfront) | South Beach (Barrier Island) |
|---|---|---|---|
| Flood Zone | X (minimal) | AE (moderate) | AE/VE (high) |
| Avg Flood Insurance | $450-$1,200/yr | $3,200-$8,500/yr | $2,800-$11,000/yr |
| Avg Wind Insurance | $2,200-$4,500/yr | $3,800-$7,200/yr | $5,500-$12,000/yr |
| Total Insurance Cost | $3,500-$6,800/yr | $8,200-$16,500/yr | $9,800-$24,000/yr |
| Insurance as % of Value | 0.7%-1.3% | 1.3%-2.7% | 1.4%-3.3% |
According to Citizens Insurance data, Wynwood's lower insurance costs represent a meaningful competitive advantage for investors comparing net yields across Miami neighborhoods according to Florida REALTORS cost analysis. According to the Miami Association of REALTORS, agents who quantify total ownership costs (including insurance) provide more valuable analysis to buyers than agents who focus solely on purchase price.
Platform Comparison: Wynwood Agent Tools
According to NAR technology effectiveness studies, agents in rapidly evolving markets like Wynwood need platforms that can adapt to fast-changing inventory, demographic shifts, and event-driven demand spikes.
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|---|
| Farming-Specific Workflows | Yes - Purpose-built | Limited | No | No | No |
| New Construction Tracking | Yes - Pipeline alerts | No | No | No | No |
| Event-Driven Campaigns | Yes - Auto-schedule | Manual | Manual | No | Manual |
| Investor Portfolio Analytics | Yes - Yield tracking | Basic | No | No | No |
| Social Media Integration | Yes - Auto-post | Basic | Yes | Yes | No |
| AI Market Report Generation | Yes - Weekly auto-reports | No | No | No | No |
| Price/Month | $149-$299 | $299-$499 | $750+ | $295-$495 | $69-$399 |
| Neighborhood-Level Data | Yes - Block-by-block | Zip code only | Zip code | No | No |
According to Florida REALTORS technology adoption surveys, agents in arts-district and emerging neighborhoods report the highest satisfaction with farming-specific platforms like US Tech Automations that offer granular geographic targeting below the zip-code level. According to NAR technology ROI data, this granularity translates to 28% higher campaign response rates compared to zip-code-level targeting.
Frequently Asked Questions
What is the median home price in Wynwood FL in 2026?
According to Southeast Florida MLS data, the median condo price in Wynwood reached $510,000 in early 2026, with townhomes and lofts commanding a median of $725,000 according to Miami Association of REALTORS market reports. According to Zillow price trend data, this represents an 11.3% increase from 2024's median of $458,000. According to CoreLogic forecast models, Wynwood prices are projected to increase an additional 7-9% through the remainder of 2026 according to Redfin market outlook data.
How many homes sell in Wynwood each year?
According to the Miami Association of REALTORS, Wynwood recorded 684 closed residential transactions in 2025, a 15.2% increase from 594 in 2024 according to Southeast Florida MLS data. According to Florida REALTORS historical transaction data, Wynwood's annual sales volume has grown at a compound rate of 18.5% since 2019, driven by new construction deliveries and demographic growth. According to CraneSpotters.com, an additional 2,400 units under construction will drive transaction volume higher through 2027.
Is Wynwood a good area for real estate investment?
According to NAR investment market analysis, Wynwood ranks among the top three Miami-Dade neighborhoods for real estate investment potential based on appreciation rate, rental yield, and demographic momentum according to Florida REALTORS investment data. According to Zillow rental market data, gross rental yields in Wynwood range from 5.5% to 7.8% depending on unit type. According to AirDNA, short-term rental operators in Wynwood achieve average annual gross revenues of $48,000-$75,000 per unit according to Miami-Dade County STR registration data.
What are property taxes in Wynwood?
According to the Miami-Dade County Tax Collector, the combined millage rate for Wynwood properties is approximately 20.8 mills. According to Florida Department of Revenue calculations, a $510,000 condo with homestead exemption ($50,000 deduction) generates approximately $9,570 in annual property taxes. According to Miami-Dade County Property Appraiser data, non-homesteaded investment properties pay approximately $10,610 annually on the same assessed value. According to Florida REALTORS tax guidance, the Save Our Homes cap limits assessed value increases to 3% per year for homesteaded properties.
How does Art Basel affect Wynwood real estate?
According to the Wynwood Business Improvement District, Art Basel Miami Beach drives over 80,000 visitors to the Wynwood Arts District each December, creating a significant spike in property interest according to Miami-Dade County tourism data. According to the Miami Association of REALTORS, December-January purchase inquiries in Wynwood are 65% higher than the annual average. According to Redfin search volume data, online home searches for Wynwood triple during the Art Basel period. According to NAR event marketing research, agents who time farming campaigns around cultural events capture 3.8x more leads than non-event outreach.
What zoning restrictions apply to Wynwood residential properties?
According to Miami-Dade County Planning Department records, Wynwood falls under the Neighborhood Revitalization District (NRD) zoning overlay, which governs building heights (typically 12-24 stories), parking requirements (reduced from citywide minimums), and ground-floor activation standards according to City of Miami zoning code. According to the Wynwood Business Improvement District, the NRD is designed to maintain Wynwood's creative character while allowing residential density. According to Florida REALTORS zoning guidance, agents should verify specific parcel zoning before marketing development potential to clients.
What flood risks exist in Wynwood?
According to FEMA Flood Insurance Rate Maps, most of Wynwood falls within Flood Zone X (minimal flood risk), with some eastern parcels in Zone AE according to Miami-Dade County elevation data. According to the National Flood Insurance Program, Zone X properties in Wynwood typically do not require flood insurance for conventional mortgages, though lenders may still recommend coverage according to Freddie Mac underwriting guidelines. According to the Miami Forever Climate Ready plan, the City of Miami is investing $400 million in stormwater infrastructure and sea-level rise adaptation that directly benefits the Wynwood area according to City of Miami capital budget documents.
How do I compete with developer sales teams in Wynwood?
According to the Miami Association of REALTORS, agents can compete effectively with developer sales teams by offering resale market expertise, independent property comparisons, and ongoing post-purchase support that developer teams do not provide according to NAR buyer representation data. According to Florida REALTORS new construction guidance, register with developer sales offices to earn cooperative commissions (3-5%) while maintaining your advisory relationship with buyers. According to NAR technology surveys, agents who provide automated comparative market analyses through platforms like US Tech Automations demonstrate objectivity that developer sales teams cannot match.
Conclusion: Automate Your Wynwood Farming Strategy
Wynwood's explosive growth, cultural cachet, and investor appeal create one of South Florida's most dynamic farming opportunities for real estate agents in 2026. According to the Miami Association of REALTORS, agents who combine local market expertise with systematic automated outreach are capturing the largest share of this growing market. According to NAR technology effectiveness data, farming automation reduces the time-to-first-closing by an average of 4.2 months compared to manual approaches.
US Tech Automations delivers the farming-specific workflows, event-driven campaign scheduling, and investor analytics that Wynwood agents need to compete effectively in this fast-moving market. Visit ustechautomations.com to start building your automated Wynwood farming operation today. For additional Miami metro insights, explore our guides to Coconut Grove pricing and Coral Gables trends.
According to Florida REALTORS member success stories, the top-performing Wynwood agents in 2025 all credited systematic farming automation as the single biggest factor in their production growth. US Tech Automations helped these agents maintain consistent contact with 1,000+ database contacts while freeing up time for client-facing activities that drive closings.
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Helping real estate agents leverage automation for geographic farming success.
