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Featured local agent — West Miami, FL
Sarah Mitchell
Compass Real Estate · West Miami, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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West Miami, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.08Mmedian sale price
How is the West Miami, FL housing market right now?
The median home sale price in West Miami, FL is $1.08M, up 73.9% year-over-year. Homes sell in an average of 35 days with 16 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 West Miami a buyer's or seller's market?
West Miami, FL is currently a leaning buyer's, based on 8.0 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
35
Average pace
Active listings
16
8.0 months supply
Sale-to-list
103.0%
Above asking
What does the West Miami housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.08M |
| Median list price | $975,000 |
| Year-over-year price change | +73.9% |
| Average days on market | 35 days |
| Active inventory | 16 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 103.0% |
| Median price per sq ft | $583/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Listings with a price cut | 18.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in West Miami by property type?
How the West Miami, 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 | $1.08M | $583/sq ft | 2 | 35 days |
| Townhouse | $675,000 | $373/sq ft | 1 | 29 days |
Source: Redfin · Updated monthly
The West Miami housing market is currently classified as a leaning buyer's with a median sale price of $1.08M. Prices have risen 73.9% compared to last year, with homes spending an average of 35 days on market, indicating 8.0 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 11.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in West Miami
There are currently 16 homes listed for sale in West Miami, Florida. The median listing price is $975K.
Active listings
16
Homes on market
Median list price
$975K
Avg. days on market
35
Days until sale
New this week
3
Newly listed
Who lives in West Miami?
Population
7,077
Median income
$56,509/yr
Median age
38.9 years
Owner-occupied
53.7%
College grads
34.6%
Avg commute
26.3 min
Source: U.S. Census Bureau ACS
What are homes worth in West Miami?
Zillow home value
$667,939
Zillow rent index
$2,331/mo
Price-to-rent ratio
23.9x
Price-to-income
11.8x
Source: Zillow Research
What is it like to live in West Miami?
West Miami is a community of approximately 7K residents with a median age of 38.9 years.The median household income is $56,509, which represents a working-class community with solid middle-income opportunities. 34.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 53.7%, showing a blend of owner and renter-occupied properties. The average commute time is 26.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, West Miami offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near West Miami, FL?
Want a head-to-head view? Compare West Miami side-by-side with any other U.S. city using our market-comparison tool.
Is West Miami a good real estate investment market?
For investors evaluating West Miami, the price-to-rent ratio of 23.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 73.9% 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 West Miami's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using West Miami's median home price.
Frequently asked questions
What is the average home price in West Miami?
The median home sale price in West Miami is $1.08M, up 73.9% from last year.
How long do homes stay on market in West Miami?
Homes typically spend 35 days on market before going under contract.
What is the median income in West Miami?
The median household income is $56,509 per year.
Is West Miami a buyer's or seller's market?
With 8.0 months of supply, West Miami is currently a leaning buyer's.
What is the Zillow home value estimate for West Miami?
The Zillow Home Value Index (ZHVI) for West Miami is $667,939, representing the typical home value in the area.
How much does a single-family home cost in West Miami?
The median single-family home price in West Miami, FL is $1.08M (about $583 per square foot).
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