Miami, FL

Buyer's market+11.5% YoY

Housing market overview · Updated weekly

$725,000median sale price

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

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.

2 bedroom condo for sale at 8015 SW 107th Ave Apt 313 Miami - $270,000
$270,000

8015 SW 107th Ave Apt 313

Miami, FL

2 bd2 ba965 sqft
Condo
More about this property
2 bedroom condo for sale at 9403 SW 76th St Apt Y17 Miami - $279,000
$279,000

9403 SW 76th St Apt Y17

Miami, FL

2 bd2 ba1,262 sqft
Condo
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2 bedroom condo for sale at 510 W Park Dr Miami - $359,900
$359,900

510 W Park Dr

Miami, FL

2 bd1 ba1,017 sqft
Condo
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$454,500

4825 SW 149th Ct Unit 18B

Miami, FL

2 bd2 ba1,360 sqft
Condo
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2 bedroom townhouse for sale at 12511 SW 12th Ln Miami - $520,000
$520,000

12511 SW 12th Ln

Miami, FL

2 bd3 ba1,496 sqft
Townhouse
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3 bedroom house for sale at 12347 SW 145th St Miami - $570,000
$570,000

12347 SW 145th St

Miami, FL

3 bd2 ba1,578 sqft
House3,435 sqft lot
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3 bedroom house for sale at 11806 SW 102nd St Miami - $574,999
$574,999

11806 SW 102nd St

Miami, FL

3 bd2 ba1,364 sqft
House4,668 sqft lot
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3 bedroom multi-family for sale at 2933 SW 24th St Miami - $725,000
$725,000

2933 SW 24th St

Miami, FL

3 bd2 ba1,312 sqft
Multi-family
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2 bedroom condo for sale at 19707 E Turnberry Way Unit 5E Miami - $899,000
$899,000

19707 E Turnberry Way Unit 5E

Miami, FL

2 bd2 ba1,825 sqft
Condo
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2 bedroom house for sale at 2323 SW 17th Ter Miami - $949,000
$949,000

2323 SW 17th Ter

Miami, FL

2 bd1 ba2,628 sqft
House6,800 sqft lot
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3 bedroom house for sale at 4800 SW 64th Ave Miami - $995,000
$995,000

4800 SW 64th Ave

Miami, FL

3 bd2 ba1,676 sqft
House12,100 sqft lot
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5 bedroom house for sale at 3462 N Moorings Way Miami - $8,200,000
$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?

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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%

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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.

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