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City / Town Overview

Miami, FL

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Miami, FL real estate market currently shows 12,983 active listings, with 2,375 pending sales. Homes are averaging 78.3 days on the market before going under contract.

Inventory has tightened compared to last year, with 56 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 78.3 days on market compared to 68.9 days last year.

The median listing price has fallen 2.6% year-over-year, from $775,436 to $755,126.

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Market Context

Market Context

Population: 1,855,275  ·  Density: 2,987.1/mi²  ·  Median household income: $70,054

Typical home value: $420,736  ·  Homeownership: 53.5%

Included Areas

Miami: 33102, 33106, 33111, 33112, 33116, 33122, 33126, 33127, 33128, 33129, 33130, 33131

Dinner Key: 33124, 33133

Little Havana: 33125, 33145

Overtown: 33101

Wynwood: 33136

South Miami: 33143

Little Haiti: 33151

Area Map

Market Overview

Active Listings
12,983
⇩ 0.4% vs 13,039 last year
Pending
2,375
18% pending ratio
Median Price
$755,126
⇩ 2.6% vs $775,436 last year
Average Price
$1,288,737
⇧ 0.6% vs $1,280,867 last year
Days on Market
78.3
⇧ 13.6% vs 69 days last year

Price Per Square Foot

Median $/sqft
$520
⇩ 2.5% vs $533/sqft last year
Median Home Size
1,422 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
100%
Listings with no price change
Price Reduced
0%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %