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Featured local agent — Opa-locka, FL
Sarah Mitchell
Compass Real Estate · Opa-locka, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Opa-locka, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$410,000median sale price
How is the Opa-locka, FL housing market right now?
The median home sale price in Opa-locka, FL is $410,000, up 19.7% year-over-year. Homes sell in an average of 41 days with 36 active listings. The market is currently a balanced market. (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 Opa-locka a buyer's or seller's market?
Opa-locka, FL is currently a balanced market, based on 6.0 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
41
Average pace
Active listings
36
6.0 months supply
Sale-to-list
100.0%
Above asking
What does the Opa-locka housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $410,000 |
| Median list price | $499,000 |
| Year-over-year price change | +19.7% |
| Average days on market | 41 days |
| Active inventory | 36 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $435/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 9 |
| Listings with a price cut | 13.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Opa-locka by property type?
How the Opa-locka, 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 | $410,000 | $435/sq ft | 6 | 41 days |
| Condo / Co-op | $202,000 | $253/sq ft | 1 | 44 days |
| Townhouse | $285,000 | $227/sq ft | 1 | 144 days |
Source: Redfin · Updated monthly
The Opa-locka housing market is currently classified as a balanced market with a median sale price of $410,000. Prices have risen 19.7% compared to last year, with homes spending an average of 41 days on market, indicating 6.0 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 15.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Opa-locka
There are currently 36 homes listed for sale in Opa-locka, Florida. The median listing price is $499K.
Active listings
36
Homes on market
Median list price
$499K
Avg. days on market
41
Days until sale
New this week
9
Newly listed
Who lives in Opa-locka?
Population
16,097
Median income
$31,680/yr
Median age
35.2 years
Owner-occupied
31.1%
College grads
7.2%
Avg commute
29.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Opa-locka?
Zillow home value
$473,828
Zillow rent index
$2,289/mo
Price-to-rent ratio
17.2x
Price-to-income
15.0x
Source: Zillow Research
What is it like to live in Opa-locka?
Opa-locka is a community of approximately 16K residents with a median age of 35.2 years.The median household income is $31,680, which represents a working-class community with solid middle-income opportunities. 7.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 31.1%, showing a blend of owner and renter-occupied properties. The average commute time is 29.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Opa-locka offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Opa-locka, FL?
Want a head-to-head view? Compare Opa-locka side-by-side with any other U.S. city using our market-comparison tool.
Is Opa-locka a good real estate investment market?
For investors evaluating Opa-locka, the price-to-rent ratio of 17.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 19.7% 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 Opa-locka's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Opa-locka's median home price.
Frequently asked questions
What is the average home price in Opa-locka?
The median home sale price in Opa-locka is $410,000, up 19.7% from last year.
How long do homes stay on market in Opa-locka?
Homes typically spend 41 days on market before going under contract.
What is the median income in Opa-locka?
The median household income is $31,680 per year.
Is Opa-locka a buyer's or seller's market?
With 6.0 months of supply, Opa-locka is currently a balanced market.
What is the Zillow home value estimate for Opa-locka?
The Zillow Home Value Index (ZHVI) for Opa-locka is $473,828, representing the typical home value in the area.
What is the median condo price in Opa-locka?
The median condo/co-op sale price in Opa-locka, FL is $202,000, compared to $410,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Opa-locka?
The median single-family home price in Opa-locka, FL is $410,000 (about $435 per square foot).
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