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City / Town Overview

Miami, FL

Aggregate real estate market report across all ZIPs in scope
Seller's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The Miami, FL real estate market currently shows 12,049 active listings, with 2,076 pending sales. Homes are averaging 85.3 days on the market before going under contract.

Inventory has tightened compared to last year, with 1,439 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 85.3 days on market compared to 86.4 days last year.

The median listing price has fallen 1.3% year-over-year, from $753,465 to $743,747.

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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, 33124, 33125, 33126, 33127, 33128, 33129

Overtown: 33101

Wynwood: 33136

South Miami: 33143

Little Havana: 33145

Liberty City: 33151

Palmetto Bay: 33158

North Miami Beach: 33162

Area Map

Market Overview

Active Listings
12,049
⇩ 10.7% vs 13,488 last year
Pending
2,076
17% pending ratio
Median Price
$743,747
⇩ 1.3% vs $753,465 last year
Average Price
$1,292,057
⇧ 6.7% vs $1,210,847 last year
Days on Market
85.3
⇩ 1.3% vs 86 days last year

Price Per Square Foot

Median $/sqft
$527
⇧ 1.6% vs $519/sqft last year
Median Home Size
1,391 sqft
Typical listing size
12-Month $/sqft Trend

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 %