South Miami Heights, FL

Buyer's market-2.1% YoY

Housing market overview · Updated weekly

$555,000median sale price

Homes sold

14

Last 12 weeks

Days on market

148

Average pace

Active listings

121

8.6 months supply

Sale-to-list

98.8%

Below asking

The South Miami Heights housing market is currently classified as a buyer's market with a median sale price of $555,000. Prices have fallen 2.1% compared to last year, with homes spending an average of 148 days on market, indicating 8.6 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 South Miami Heights

There are currently 121 homes listed for sale in South Miami Heights, Florida. The median listing price is $583K.

Active listings

121

Homes on market

Median list price

$583K

Avg. days on market

148

Days until sale

New this week

34

Newly listed

Price drops:20.7%of listings
Sale-to-list:98.8%

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Frequently asked questions

What is the average home price in South Miami Heights?

The median home sale price in South Miami Heights is $555,000, down 2.1% from last year.

How long do homes stay on market in South Miami Heights?

Homes typically spend 148 days on market before going under contract.

Is South Miami Heights a buyer's or seller's market?

With 8.6 months of supply, South Miami Heights is currently a buyer's market.

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