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City / Town Overview

Miami, FL

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

Market Analysis

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

The Miami, FL real estate market currently shows 12,481 active listings, with 2,262 pending sales. Homes are averaging 82.4 days on the market before going under contract.

Inventory has tightened compared to last year, with 1,124 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 82.4 days on market compared to 82.1 days last year.

The median listing price has fallen 1.5% year-over-year, from $764,414 to $752,971.

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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
12,481
⇩ 8.3% vs 13,605 last year
Pending
2,262
18% pending ratio
Median Price
$752,971
⇩ 1.5% vs $764,414 last year
Average Price
$1,306,400
⇧ 5.6% vs $1,237,539 last year
Days on Market
82.4
⇧ 0.4% vs 82 days last year

Price Per Square Foot

Median $/sqft
$523
⇧ 0.2% vs $522/sqft last year
Median Home Size
1,405 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 %