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Featured local agent — Miami Lakes, FL
Sarah Mitchell
Compass Real Estate · Miami Lakes, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Miami Lakes, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$760,000median sale price
How is the Miami Lakes, FL housing market right now?
The median home sale price in Miami Lakes, FL is $760,000, up 8.7% year-over-year. Homes sell in an average of 61 days with 79 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Miami Lakes a buyer's or seller's market?
Miami Lakes, FL is currently a leaning buyer's, based on 3.4 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
23
Last 12 weeks
Days on market
61
Average pace
Active listings
79
3.4 months supply
Sale-to-list
95.6%
Below asking
What does the Miami Lakes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $760,000 |
| Median list price | $950,000 |
| Year-over-year price change | +8.7% |
| Average days on market | 61 days |
| Active inventory | 79 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 95.6% |
| Median price per sq ft | $427/sq ft |
| Homes sold (latest month) | 23 |
| New listings (latest month) | 35 |
| Listings with a price cut | 17.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Miami Lakes by property type?
How the Miami Lakes, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.07M | $439/sq ft | 15 | 54 days |
| Condo / Co-op | $384,500 | $303/sq ft | 3 | 261 days |
| Townhouse | $415,000 | $404/sq ft | 5 | 61 days |
Source: Redfin · Updated monthly
The Miami Lakes housing market is currently classified as a leaning buyer's with a median sale price of $760,000. Prices have risen 8.7% compared to last year, with homes spending an average of 61 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Miami Lakes
There are currently 79 homes listed for sale in Miami Lakes, Florida. The median listing price is $950K.
Active listings
79
Homes on market
Median list price
$950K
Avg. days on market
61
Days until sale
New this week
35
Newly listed
Who lives in Miami Lakes?
Population
30,731
Median income
$97,255/yr
Median age
43.3 years
Owner-occupied
62.2%
College grads
42.7%
Avg commute
34 min
Source: U.S. Census Bureau ACS
What are homes worth in Miami Lakes?
Zillow home value
$654,806
Zillow rent index
$2,491/mo
Price-to-rent ratio
21.9x
Price-to-income
6.7x
Source: Zillow Research
What is it like to live in Miami Lakes?
Miami Lakes is a community of approximately 31K residents with a median age of 43.3 years.The median household income is $97,255, which reflects a relatively affluent area with strong earning potential. 42.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 62.2%, showing a blend of owner and renter-occupied properties. The average commute time is 34 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Miami Lakes offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Miami Lakes?
5 schools tracked · 6,185 students
The largest public schools serving Miami Lakes, 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.
BARBARA GOLEMAN SENIOR HIGH
Grades 8-12 · 3,071 students
BOB GRAHAM EDUCATION CENTER
Grades PK-8 · 1,465 students
MIAMI LAKES EDUCATIONAL CENTER
Grades 9-12 · 1,071 students
COUNTRY CLUB MIDDLE SCHOOL
Grades 6-8 · 578 students
MIAMI LAKES EDUCATIONAL CENTER AND TECHNICAL COLLEGE
Grades 9-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Miami Lakes, FL?
Want a head-to-head view? Compare Miami Lakes side-by-side with any other U.S. city using our market-comparison tool.
Is Miami Lakes a good real estate investment market?
For investors evaluating Miami Lakes, the price-to-rent ratio of 21.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Miami Lakes's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Miami Lakes's median home price.
Frequently asked questions
What is the average home price in Miami Lakes?
The median home sale price in Miami Lakes is $760,000, up 8.7% from last year.
How long do homes stay on market in Miami Lakes?
Homes typically spend 61 days on market before going under contract.
What is the median income in Miami Lakes?
The median household income is $97,255 per year.
Is Miami Lakes a buyer's or seller's market?
With 3.4 months of supply, Miami Lakes is currently a leaning buyer's.
What is the Zillow home value estimate for Miami Lakes?
The Zillow Home Value Index (ZHVI) for Miami Lakes is $654,806, representing the typical home value in the area.
What is the median condo price in Miami Lakes?
The median condo/co-op sale price in Miami Lakes, FL is $384,500, compared to $1.07M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Miami Lakes?
The median single-family home price in Miami Lakes, FL is $1.07M (about $439 per square foot).
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