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Featured local agent — South Miami Heights, FL
Sarah Mitchell
Compass Real Estate · South Miami Heights, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Miami Heights, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$510,000median sale price
How is the South Miami Heights, FL housing market right now?
The median home sale price in South Miami Heights, FL is $510,000, down 4.7% year-over-year. Homes sell in an average of 61 days with 102 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 South Miami Heights a buyer's or seller's market?
South Miami Heights, FL is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
61
Average pace
Active listings
102
4.1 months supply
Sale-to-list
96.2%
Below asking
What does the South Miami Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $510,000 |
| Median list price | $610,000 |
| Year-over-year price change | -4.7% |
| Average days on market | 61 days |
| Active inventory | 102 listings |
| Months of supply | 4.1 months |
| Sale-to-list price ratio | 96.2% |
| Median price per sq ft | $348/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 23 |
| Listings with a price cut | 16.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in South Miami Heights by property type?
How the South Miami Heights, 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 | $535,000 | $365/sq ft | 21 | 63 days |
| Condo / Co-op | $170,000 | $202/sq ft | 3 | 37 days |
| Townhouse | $335,000 | $317/sq ft | 1 | 44 days |
Source: Redfin · Updated monthly
The South Miami Heights housing market is currently classified as a leaning buyer's with a median sale price of $510,000. Prices have fallen 4.7% compared to last year, with homes spending an average of 61 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in South Miami Heights
There are currently 102 homes listed for sale in South Miami Heights, Florida. The median listing price is $610K.
Active listings
102
Homes on market
Median list price
$610K
Avg. days on market
61
Days until sale
New this week
23
Newly listed
Who lives in South Miami Heights?
Population
37,525
Median income
$64,657/yr
Median age
42.5 years
Owner-occupied
63.0%
College grads
17.5%
Avg commute
36 min
Source: U.S. Census Bureau ACS
What is it like to live in South Miami Heights?
South Miami Heights is a community of approximately 38K residents with a median age of 42.5 years.The median household income is $64,657, which represents a working-class community with solid middle-income opportunities. 17.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.0%, showing a blend of owner and renter-occupied properties. The average commute time is 36 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, South Miami Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near South Miami Heights, FL?
Want a head-to-head view? Compare South Miami Heights side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in South Miami Heights?
The median home sale price in South Miami Heights is $510,000, down 4.7% from last year.
How long do homes stay on market in South Miami Heights?
Homes typically spend 61 days on market before going under contract.
What is the median income in South Miami Heights?
The median household income is $64,657 per year.
Is South Miami Heights a buyer's or seller's market?
With 4.1 months of supply, South Miami Heights is currently a leaning buyer's.
What is the median condo price in South Miami Heights?
The median condo/co-op sale price in South Miami Heights, FL is $170,000, compared to $535,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in South Miami Heights?
The median single-family home price in South Miami Heights, FL is $535,000 (about $365 per square foot).
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