Miami, FL Real Estate Market Data

Key housing market metrics and trends for Miami, FL Real Estate.

Median Home Value
$625,000
↑ 5.8% year-over-year
Median Days on Market
38 days
Average time from listing to contract
Inventory Level
Low
Number of homes available for sale
Market Temperature
Seller's Market
Seller's Market

About the Miami, FL Real Estate Market

Miami's real estate market remains one of the hottest in the nation, driven by continued domestic migration, international investment, and Florida's tax-friendly environment. With a median sale price of $625,000, the market reflects strong demand across Miami-Dade County. Luxury condos in Brickell and Coconut Grove command premium prices, while neighborhoods like Little Havana and Allapattah offer more accessible entry points. Limited inventory keeps competition fierce among buyers.

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