$270,000
8015 SW 107th Ave Apt 313
Miami, FL
2 bd2 ba965 sqft
Condo
More about this property
Miami, FL Housing Market & Real Estate
Buyer's market+11.5% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Miami, FL is $725,000, up 11.5% year-over-year. Homes sell in an average of 104 days with 3,880 active listings. The market is currently a buyer's market.
$725,000median sale price
Is Miami a buyer's or seller's market?
Buyer's market13.7 months of supply104 avg. days on market
Miami, FL is currently a buyer's market, based on 13.7 months of supply and homes selling in about 104 days. How we determine this →
Homes sold
284
Last 12 weeks
Days on market
104
Average pace
Active listings
3,880
13.7 months supply
Sale-to-list
94.6%
Below asking
Miami, FL market data
| Metric | Value |
|---|---|
| Median sale price | $725,000 |
| Median list price | $700,000 |
| Year-over-year price change | +11.5% |
| Average days on market | 104 days |
| Active inventory | 3,880 listings |
| Months of supply | 13.7 months |
| Sale-to-list price ratio | 94.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Miami housing market is currently classified as a buyer's market with a median sale price of $725,000. Prices have risen 11.5% compared to last year, with homes spending an average of 104 days on market, indicating 13.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Miami
There are currently 3,880 homes listed for sale in Miami, Florida. The median listing price is $700K. Featured listings range from $270,000 to $8,200,000.
$279,000
9403 SW 76th St Apt Y17
Miami, FL
2 bd2 ba1,262 sqft
Condo
More about this property
$359,900
510 W Park Dr
Miami, FL
2 bd1 ba1,017 sqft
Condo
More about this property
$454,500
4825 SW 149th Ct Unit 18B
Miami, FL
2 bd2 ba1,360 sqft
Condo
More about this property
$520,000
12511 SW 12th Ln
Miami, FL
2 bd3 ba1,496 sqft
Townhouse
More about this property
$570,000
12347 SW 145th St
Miami, FL
3 bd2 ba1,578 sqft
House3,435 sqft lot
More about this property
$574,999
11806 SW 102nd St
Miami, FL
3 bd2 ba1,364 sqft
House4,668 sqft lot
More about this property
$725,000
2933 SW 24th St
Miami, FL
3 bd2 ba1,312 sqft
Multi-family
More about this property
$899,000
19707 E Turnberry Way Unit 5E
Miami, FL
2 bd2 ba1,825 sqft
Condo
More about this property
$949,000
2323 SW 17th Ter
Miami, FL
2 bd1 ba2,628 sqft
House6,800 sqft lot
More about this property
$995,000
4800 SW 64th Ave
Miami, FL
3 bd2 ba1,676 sqft
House12,100 sqft lot
More about this property
$8,200,000
3462 N Moorings Way
Miami, FL
5 bd5 ba3,972 sqft
House10,800 sqft lot
More about this property
Looking to buy in Miami?
Get connected with a local real estate expert — free, no obligation.
Active listings
3,880
Homes on market
Median list price
$700K
Avg. days on market
104
Days until sale
New this week
747
Newly listed
Price drops:15.6%of listings
Sale-to-list:94.6%
Top public schools in Miami
50 schools tracked · 75,592 students
The largest public schools serving Miami, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
JOHN A. FERGUSON SENIOR HIGH
Grades 9-12 · 4,389 students
CORAL REEF SENIOR HIGH SCHOOL
Grades 8-12 · 3,296 students
MIAMI SENIOR HIGH SCHOOL
Grades 9-12 · 3,018 students
MIAMI PALMETTO SENIOR HIGH SCHOOL
Grades 9-12 · 2,672 students
SOUTHWEST MIAMI SENIOR HIGH
Grades 9-12 · 2,523 students
G. HOLMES BRADDOCK SENIOR HIGH
Grades 8-12 · 2,296 students
MIAMI SOUTHRIDGE SENIOR HIGH
Grades 8-12 · 2,235 students
MIAMI CORAL PARK SENIOR HIGH
Grades 9-12 · 2,191 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in FL
Frequently asked questions
What is the average home price in Miami?
The median home sale price in Miami is $725,000, up 11.5% from last year.
How long do homes stay on market in Miami?
Homes typically spend 104 days on market before going under contract.
Is Miami a buyer's or seller's market?
With 13.7 months of supply, Miami is currently a buyer's market.
How many homes are for sale in Miami?
There are currently 3880 homes listed for sale in Miami, FL.
Pre-launch · for real estate professionals
Reserve a slot on this page
Get your brokerage in front of buyers actively shopping this city on the Miami, FL market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.
$100 / month
Reserve slotGet Miami market alerts
Weekly updates on prices, inventory, and trends. Free forever.