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Featured local agent — Miami Springs, FL
Sarah Mitchell
Compass Real Estate · Miami Springs, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Miami Springs, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$946,950median sale price
How is the Miami Springs, FL housing market right now?
The median home sale price in Miami Springs, FL is $946,950, up 23.2% year-over-year. Homes sell in an average of 61 days with 38 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 Springs a buyer's or seller's market?
Miami Springs, FL is currently a leaning buyer's, based on 3.8 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
61
Average pace
Active listings
38
3.8 months supply
Sale-to-list
94.6%
Below asking
What does the Miami Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $946,950 |
| Median list price | $849,000 |
| Year-over-year price change | +23.2% |
| Average days on market | 61 days |
| Active inventory | 38 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 94.6% |
| Median price per sq ft | $438/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 13 |
| Listings with a price cut | 13.2% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Miami Springs by property type?
How the Miami Springs, 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 | $994,900 | $438/sq ft | 9 | 59 days |
| Condo / Co-op | $225,000 | — | 1 | 100 days |
Source: Redfin · Updated monthly
The Miami Springs housing market is currently classified as a leaning buyer's with a median sale price of $946,950. Prices have risen 23.2% compared to last year, with homes spending an average of 61 days on market, indicating 3.8 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 8.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Miami Springs
There are currently 38 homes listed for sale in Miami Springs, Florida. The median listing price is $849K.
Active listings
38
Homes on market
Median list price
$849K
Avg. days on market
61
Days until sale
New this week
13
Newly listed
Who lives in Miami Springs?
Population
13,606
Median income
$88,705/yr
Median age
44 years
Owner-occupied
63.0%
College grads
40.1%
Avg commute
27.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Miami Springs?
Zillow home value
$732,277
Zillow rent index
$3,017/mo
Price-to-rent ratio
20.2x
Price-to-income
8.3x
Source: Zillow Research
What is it like to live in Miami Springs?
Miami Springs is a community of approximately 14K residents with a median age of 44 years.The median household income is $88,705, which reflects a relatively affluent area with strong earning potential. 40.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 63.0%, showing a blend of owner and renter-occupied properties. The average commute time is 27.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Miami Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Miami Springs?
6 schools tracked · 3,666 students
The largest public schools serving Miami Springs, 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.
MIAMI SPRINGS SENIOR HIGH SCHOOL
Grades 9-12 · 1,067 students
ACADEMY FOR INNOVATIVE EDUCATION
Grades K-12 · 963 students
MIAMI SPRINGS MIDDLE SCHOOL
Grades 6-8 · 664 students
MIAMI SPRINGS ELEMENTARY SCHOOL
Grades PK-5 · 390 students
SPRINGVIEW ELEMENTARY SCHOOL
Grades PK-5 · 313 students
INTEGRATED SCIENCE AND ASIAN CULTURE (ISAAC) ACADEMY
Grades K-8 · 269 students
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 Springs, FL?
Want a head-to-head view? Compare Miami Springs side-by-side with any other U.S. city using our market-comparison tool.
Is Miami Springs a good real estate investment market?
For investors evaluating Miami Springs, the price-to-rent ratio of 20.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 23.2% 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 Springs's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Miami Springs's median home price.
Frequently asked questions
What is the average home price in Miami Springs?
The median home sale price in Miami Springs is $946,950, up 23.2% from last year.
How long do homes stay on market in Miami Springs?
Homes typically spend 61 days on market before going under contract.
What is the median income in Miami Springs?
The median household income is $88,705 per year.
Is Miami Springs a buyer's or seller's market?
With 3.8 months of supply, Miami Springs is currently a leaning buyer's.
What is the Zillow home value estimate for Miami Springs?
The Zillow Home Value Index (ZHVI) for Miami Springs is $732,277, representing the typical home value in the area.
What is the median condo price in Miami Springs?
The median condo/co-op sale price in Miami Springs, FL is $225,000, compared to $994,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Miami Springs?
The median single-family home price in Miami Springs, FL is $994,900 (about $438 per square foot).
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