BreakThru Realty Miami Housing Market Report
In the 90 days to November 7, 2026, the median single-family home in Miami sold for $700,000 and the median condo or townhome for $415,000; 7,539 homes and condos are for sale. By months of inventory, single-family homes are a balanced market and condos and townhomes a buyer's market. BreakThru Realty analyzes BeachesMLS data daily to track home prices, inventory, sales, days on market and market direction in Miami, Florida; nothing here is typed by hand.
Miami Housing Market: Key Figures
- The median single-family home in Miami sold for $700,000 over the last 90 days, +2.9% against the same period a year earlier.
- The median condo or townhome sold for $415,000, -1.2% year over year.
- Single-family homes that sold averaged 64 days on the market; condos and townhomes 98 days.
- With 5.6 months of inventory, single-family homes are a balanced market; condos and townhomes, at 14 months, are a buyer's market.
- 7,539 homes and condos were for sale in Miami on November 7, 2026.
Miami Market at a Glance
Updated November 7, 2026 from BeachesMLS.
- 7,539homes & condos for sale
- 397new listings this week
- 1,255under contract
- 1,959waterfront listings
- 815luxury listings ($2,000,000+)
- 702sold in the last 30 days
Newest Miami Homes for Sale
The 30 newest homes, condos and townhomes on the market in Miami, straight from BeachesMLS. The 30 listings on this page run from $425,000 to $10,900,000, with a median of $687,500, about $561 per square foot, and they have been listed a median of 20 days.
- By type: 12 single-family homes, 12 condos, 4 townhomes and villas and 1 multifamily property.
- Bedrooms run from 1 to 6, a median of 3; they were built between 1924 and 2028, a median of 1992, and 7 in the last ten years.
- 6 of the 30 have a pool, and 8 are on the water.
$574,000
41 SE 5th Street 510, Miami FL 33131
2 bd · 2 ba · 1,441 sq ft · Condominium
$449,000
1750 N Bayshore Drive 5212, Miami FL 33132
1 bd · 1 ba · 791 sq ft · Condominium
$449,000
45 SW 9th Street, Miami FL 33130
1 bd · 1 ba · 620 sq ft · Condominium$6,580,000
200 Biscayne Boulevard Way PH-5404, Miami FL 33131
3 bd · 5.5 ba · 3,889 sq ft · Condominium
$1,490,000
3409 SW 25th Terrace, Miami FL 33133
4 bd · 4 ba · 2,672 sq ft
$634,900
1715 Douglas Road 305, Miami FL 33134
1 bd · 1 ba · 557 sq ft · Condominium
$595,900
1725 NW 44th Street, Miami FL 33142
0 ba · 1,783 sq ft · Duplex
$815,000
10000 SW 43rd Street, Miami FL 33165
3 bd · 2 ba · 1,258 sq ft · Single Family Residence
$890,000
244 NW 44th Street, Miami FL 33127
2 bd · 1 ba · 1,146 sq ft · Single Family Residence
$1,050,000
14809 SW 39th Terrace, Miami FL 33185
4 bd · 3 ba · 2,750 sq ft · Single Family Residence
$680,000
14998 SW 41st Lane, Miami FL 33185
4 bd · 2.5 ba · 2,138 sq ft · Townhouse
$659,800
1201 SW 142nd Avenue, Miami FL 33184
3 bd · 2 ba · 1,572 sq ft · Single Family Residence
$549,000
12308 NW 23rd Court, Miami FL 33167
3 bd · 3 ba · 1,328 sq ft · Townhouse
$1,275,000
, Miami FL 33175
5 bd · 3 ba · 3,354 sq ft · Single Family Residence
$695,000
10120 SW 127th Avenue, Miami FL 33186
4 bd · 2 ba · 2,007 sq ft · Single Family Residence
$649,000
2246 SW 24th Terrace, Miami FL 33145
2 bd · 1 ba · 2,886 sq ft · Single Family Residence
$494,500
1869 NW 83rd Terrace, Miami FL 33147
4 bd · 2 ba · 1,232 sq ft · Single Family Residence
$1,300,000
851 NE 1st Avenue 3909, Miami FL 33132
2 bd · 3 ba · 1,559 sq ft · Condominium
$975,000
1627 Brickell Avenue 2005, Miami FL 33129
3 bd · 2.5 ba · 1,732 sq ft · Condominium
$1,750,000
7980 SW 108th Street, Miami FL 33156
4 bd · 3 ba · 2,634 sq ft · Single Family Residence
$499,000
10061 SW 137th Place, Miami FL 33186
3 bd · 2.5 ba · 1,668 sq ft · Townhouse
$2,788,000
1425 BRICKELL Avenue 41A, Miami FL 33131
2 bd · 2 ba · 1,728 sq ft · Condominium
$10,900,000
1300 Brickell Bay Drive 4401, Miami FL 33131
6 bd · 7 ba · 6,521 sq ft · Condominium
$2,400,000
20420 HIGHLAND LAKES Boulevard, Miami FL 33179
5 bd · 3 ba · 2,850 sq ft · Single Family Residence
$2,950,000
300 Biscayne Blvd Way 1003, Miami FL 33131
2 bd · 3 ba · 1,675 sq ft · Condominium
$560,000
15253 SW 56th Terrace, Miami FL 33193
3 bd · 3 ba · 1,250 sq ft · Single Family Residence
$450,000
6506 SW 113TH Place, Miami FL 33173
3 bd · 2 ba · 1,378 sq ft · Townhouse$425,000
555 NE 15th Street 15H, Miami FL 33132
1 bd · 1.5 ba · 800 sq ft · Condominium$634,990
55 SE 6th Street PH 4305, Miami FL 33131
2 bd · 2 ba · 1,066 sq ft · Condominium$800,000
7151 SW 42nd Street, Miami FL 33155
4 bd · 3 ba · 1,292 sq ft · Single Family Residence
| Single-family homes | Condos & townhomes | |
|---|---|---|
| Active listings | 2,193 | 5,237 |
| Median list price | $825,000 | $545,000 |
| Median list price per sq ft | $465/sq ft | $581/sq ft |
| Average days on market | 118 days | 312 days |
| Sold in the last 90 days | 1,165 | 1,119 |
| Median sold price (90 days) | $700,000 | $415,000 |
| Sale price as % of list price | 97.4% | 96.2% |
| Months of inventory | 5.6 months | 14 months |
| Median sold price vs. a year ago | +2.9% | -1.2% |
Source: BeachesMLS. Active listings as of November 7, 2026; sold figures cover closings in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal. How these figures are calculated.
Miami Home Sales by Month
Closed residential sales in Miami by closing month, from BeachesMLS. The current month is partial until it closes.
| Month | Closed sales | Median sold price | Median $/sq ft | Avg days to sell | Sale-to-list |
|---|---|---|---|---|---|
| Dec 2025 | 930 | $546,500 | $395/sq ft | 87 days | 96.3% |
| Jan 2026 | 648 | $572,500 | $402/sq ft | 92 days | 96.2% |
| Feb 2026 | 767 | $580,000 | $392/sq ft | 87 days | 96.4% |
| Mar 2026 | 1,025 | $599,000 | $403/sq ft | 83 days | 96.6% |
| Apr 2026 | 977 | $570,000 | $405/sq ft | 84 days | 96.5% |
| May 2026 | 974 | $560,000 | $401/sq ft | 83 days | 96.9% |
| Jun 2026 | 986 | $590,000 | $401/sq ft | 82 days | 96.8% |
| Jul 2026 | 901 | $560,000 | $398/sq ft | 83 days | 96.6% |
| Aug 2026 | 871 | $555,500 | $395/sq ft | 83 days | 96.9% |
| Sep 2026 | 744 | $576,250 | $392/sq ft | 79 days | 96.8% |
| Oct 2026 | 802 | $575,000 | $392/sq ft | 80 days | 96.7% |
| Nov 2026 (to date) | 87 | $630,000 | $375/sq ft | 82 days | 96.5% |
Miami Inventory Over Time
Active listings, new listings and homes under contract in Miami, from BreakThru Realty's daily snapshots of BeachesMLS (recorded since 2026-09-16).
| Date | Active listings | New this week | Under contract | Sold in 30 days | Median list (single-family) | Median list (condos) |
|---|---|---|---|---|---|---|
| 2026-10-06 | 7,240 | 399 | 1,395 | 645 | $819,950 | $548,000 |
| 2026-10-07 | 7,255 | 397 | 1,400 | 683 | $824,650 | $549,000 |
| 2026-10-08 | 7,316 | 430 | 1,402 | 717 | $825,000 | $549,000 |
| 2026-10-09 | 7,329 | 421 | 1,399 | 719 | $825,000 | $549,000 |
| 2026-10-10 | 7,367 | 468 | 1,388 | 715 | $825,000 | $548,000 |
| 2026-10-11 | 7,364 | 463 | 1,395 | 697 | $825,000 | $548,000 |
| 2026-10-12 | 7,364 | 437 | 1,415 | — | $825,000 | $545,000 |
| 2026-10-14 | 7,385 | 341 | 1,415 | 702 | $825,000 | $548,000 |
| 2026-10-15 | 7,409 | 348 | 1,398 | 703 | $824,950 | $545,000 |
| 2026-10-16 | 7,427 | 354 | 1,382 | — | $822,000 | $540,000 |
| 2026-10-17 | 7,426 | 401 | 1,372 | 718 | $824,450 | $545,000 |
| 2026-10-18 | 7,421 | 405 | 1,376 | 706 | $824,950 | $545,000 |
| 2026-10-19 | 7,425 | 343 | 1,382 | — | $825,000 | $545,000 |
| 2026-10-20 | 7,437 | 352 | 1,371 | 691 | $824,450 | $545,000 |
| 2026-10-21 | 7,445 | 356 | 1,355 | 736 | $820,000 | $540,000 |
| 2026-10-22 | 7,465 | 383 | 1,351 | 743 | $825,000 | $540,000 |
| 2026-10-23 | 7,495 | 382 | 1,334 | 759 | $825,000 | $540,000 |
| 2026-10-24 | 7,493 | 403 | 1,332 | 757 | $825,000 | $540,000 |
| 2026-10-25 | 7,491 | 414 | 1,337 | 737 | $825,000 | $540,000 |
| 2026-10-26 | 7,499 | 407 | 1,336 | 714 | $822,450 | $540,000 |
| 2026-10-27 | 7,524 | 413 | 1,337 | 736 | $824,993 | $540,000 |
| 2026-10-28 | 7,528 | 405 | 1,337 | 764 | $815,000 | $545,000 |
| 2026-10-30 | 7,543 | 314 | 1,331 | — | $815,000 | $545,000 |
| 2026-10-31 | 7,546 | 359 | 1,305 | 688 | $815,000 | $540,000 |
| 2026-11-01 | 7,495 | 372 | 1,306 | — | $815,000 | $545,000 |
| 2026-11-02 | 7,489 | 316 | 1,302 | 629 | $815,000 | $545,000 |
| 2026-11-03 | 7,479 | 326 | 1,295 | 677 | $815,000 | $540,000 |
| 2026-11-04 | 7,488 | 332 | 1,276 | 716 | $820,000 | $540,000 |
| 2026-11-05 | 7,503 | 344 | 1,275 | 700 | $825,000 | $545,000 |
| 2026-11-06 | 7,515 | 365 | 1,268 | 701 | $825,000 | $545,000 |
Miami Rental Market at a Glance
Updated November 7, 2026 from BeachesMLS.
- 6,238homes for rent
- $3,000/momedian asking rent
- 637new rentals this week
- 1,496leased in the last 30 days
| Houses & townhomes | Condos & apartments | |
|---|---|---|
| Active rentals | 1,780 | 4,458 |
| Median asking rent | $3,200/mo | $3,000/mo |
| Median rent per sq ft | $2.36/sq ft | $3.67/sq ft |
| Average days on market | 67 days | 149 days |
| Leased in the last 90 days | 1,568 | 3,625 |
| Median leased rent (90 days) | $3,075/mo | $2,750/mo |
| Median leased rent vs. a year ago | -0.8% | -3.5% |
Source: BeachesMLS. Asking rents are active rentals as of November 7, 2026; leased rents cover leases signed in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal.
Home Prices in Miami
Over the last 90 days the median single-family home in Miami sold for $700,000 ($413 per square foot) and the median condo or townhome for $415,000 ($356 per square foot). Against the same 90 days a year earlier that is +2.9% for single-family homes and -1.2% for condos. Homes on the market now are asking a median $825,000 (single-family) and $545,000 (condos and townhomes). Medians describe the middle of the market; a waterfront estate and a garden condo pull in opposite directions, which is why the two segments are reported separately.
Inventory and the Pace of Sales
7,539 homes and condos are for sale in Miami today, 397 of them listed in the last seven days, and 1,255 are under contract. 702 sales closed in the last 30 days. Single-family homes carry 5.6 months of inventory and condos 14 months, which makes the single-family side a balanced market: under four months favours sellers, over six favours buyers. Active single-family listings have been on the market 118 days on average, condos 312 days.
Single-Family Homes vs. Condos and Townhomes
The two halves of the Miami market move differently. Single-family sellers achieved 97.4% of their asking price on the typical sale in the last 90 days after 64 days on market; condo and townhome sellers achieved 96.2% after 98 days. 1,165 single-family homes and 1,119 condos and townhomes closed in that window. Condo pricing also carries the building's fees, reserves and rental rules, so a low list price in an older tower is not the same deal as a low list price on a lot.
The Last Twelve Months
9,712 residential sales closed in Miami over the last twelve months. The whole-market median sold price moved from $546,500 in Dec 2025 to $575,000 in Oct 2026, a change of +5.2%. The month-by-month table below shows closings, median price, price per square foot and days to sell; the current month is partial until it closes.
What These Figures Mean If You Are Selling in Miami
The figures above describe all of Miami. Your price comes from the closed sales that match your home: the same neighborhood, the same water or golf course position, the same age and condition. The sale to list ratio shows how far buyers are negotiating below asking, days on market shows how long a well priced home waits, and months of inventory shows whether buyers or sellers hold the leverage this season. Request the review below and a broker applies all three to your address before you decide on a price.
Investing in Miami
Investors buy in Miami for year-round rental demand close to downtown, the Health District, the airport and the port, and for small income properties: duplexes, triplexes and fourplexes in Little Havana, Allapattah, Little River, Flagami and Shenandoah. Confirm the legal unit count in the city or county records, because the way a building is laid out and the units it is permitted for do not always match. Downtown condos can work as short-term rentals where the building allows it, but zoning, association rules, a state licence and tourist-tax registration all apply, and many buildings set a minimum lease term instead. The Miami rental pages show live rents, and the investment property and price-reduced pages track the listings that need a buyer.
Follow the Miami Market as It Moves
Leave your email on this page and BreakThru Realty sends you each new Miami listing and price drop the day it reaches the MLS, with no account needed. Owners can request a review of what their own home is worth against these figures; buyers can ask for a showing or a search.
Thinking About Selling in Miami?
The median Miami single family home closed at $700,000 in the last 90 days and took 64 days to go under contract. Prices in your neighborhood may differ from the city average. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Enter your address and a licensed broker prepares your selling options from the closed sales nearest your home and checks it against the buyers on file.
- A value range built from comparable Miami sales, with the reasoning
- Whether a buyer already working with BreakThru Realty is looking for a property like yours
- The plan that reaches the rest of the market if no buyer on file fits
- An estimate of your selling costs and what you would keep after closing
- Your timing, privacy and goals, worked through before anything is listed
Selling in Miami?
See what your home is worth from recent Miami sales, the days on market and today's buyer demand. See what my home would sell for.
Buying in Miami?
Every home, condo and townhome for sale in Miami, straight from the MLS and updated through the day. Find my Miami home.
Investing in Miami?
Multifamily, rental and value add property in Miami, with the taxes, association fees and price history on every listing. Evaluate Miami investments.
Miami Housing Market FAQ
- What is the median home price in Miami?
- Over the last 90 days the median sold price in Miami was $700,000 for single-family homes and $415,000 for condos and townhomes, from BeachesMLS closings as of November 7, 2026. Homes for sale now are asking a median $825,000 and $545,000 respectively. These figures refresh daily on this page.
- Is Miami a buyer's market or a seller's market?
- By months of inventory, the single-family side of Miami is a balanced market right now: 5.6 months of supply, with condos and townhomes at 14 months (buyer's market). Under four months of supply favours sellers, over six favours buyers, and the two segments often sit on different sides of that line in South Florida.
- How long does it take to sell a home in Miami?
- Single-family homes that closed in Miami in the last 90 days had been on the market 64 days on average, and condos and townhomes 98 days. Sellers achieved 97.4% of their asking price on the typical single-family sale and 96.2% on the typical condo sale. Well-priced homes go under contract in the first few weeks; the average is pulled up by listings that started too high.
- Are home prices in Miami going up or down?
- Over the last twelve months the whole-market median sold price in Miami moved from $546,500 (Dec 2025) to $575,000 (Oct 2026), +5.2%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +2.9% and condo medians -1.2%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.
- Are condo prices in Miami going up or down?
- The median condo or townhome in Miami closed at $415,000 in the last 90 days, down 1.2% against the same 90 days a year earlier, with 14 months of condo inventory on the market and 98 days on average to go under contract, from BeachesMLS closings as of November 7, 2026. A citywide condo median blends every building and line; what a particular condo is worth comes from the closings in its own building, its association fees and its reserve and inspection status.
- What is the median rent in Miami?
- The median asking rent in Miami is $3,000 a month across 6,238 active rentals: $3,200 for houses and townhomes and $3,000 for condos and apartments. The Miami rentals hub carries the full rental market table, updated daily.
- Where do these numbers come from?
- Every figure is computed from BeachesMLS: active listings are counted as of the refresh date (November 7, 2026), sold figures cover closings in the last 90 days compared with the same 90 days a year earlier, and the monthly table buckets closed sales by closing date. Statistics refresh once a day and are cached; inventory over time comes from our own daily snapshots. Nothing on this page is typed by hand, and none of it is an appraisal. BreakThru Realty's market data methodology page explains every calculation, and broker of record Tyson E. Sam reviews the method and the written guidance in this report.