How much do price reduced homes cost in South Miami?

The 12 price reduced homes for sale in South Miami on this page ask from $485,000 to $4,900,000, a median of $1,007,500 or about $592 per square foot, from BeachesMLS listings as of November 8, 2026. 5 are under $900,000, 3 are between $900,000 and $1,250,000 and 4 are at $1,250,000 and up. Asking prices are not sale prices: the South Miami housing market report shows what homes closed for.

How many price reduced homes are for sale in South Miami right now?

12 price reduced homes are listed for sale in South Miami as of November 8, 2026, and the typical one has been on the market 135 days; 12 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.

How new are the price reduced homes for sale in South Miami?

3 of the 12 listings were built in the last five years; the rest date from 1947 to 2026, as of November 8, 2026. A new home's permits, warranty and the builder's contract terms are what we read before you reserve or offer.

South Miami Price Reduced Homes & Condos

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Live BeachesMLS listings matching this search in South Miami, Florida, updated throughout the day.

Price reductions in South Miami tell different stories for condos and houses. In a building such as Valencia by the Metrorail, a cut often reflects competition from other units in the same building, so compare the reduced price against recent sales there on a similar floor and plan. For a house, a reduction can mean the seller priced it as a renovated home when buyers see a lot for a rebuild, or that the septic system, the roof or the flood zone came up in showings. Ask how long the listing has been on the market and whether it has been under contract before. In South Miami, compare only against closed sales inside the city, since neighbouring streets can fall under Coral Gables or unincorporated Miami-Dade.

12 listings, newest first.

The 12 listings on this page run from $485,000 to $4,900,000, with a median of $1,007,500, about $592 per square foot, and they have been listed a median of 135 days.

By type: 9 single-family homes, 2 townhomes and villas and 1 multifamily property. Bedrooms run from 2 to 5, a median of 3; they were built between 1947 and 2026, a median of 1970, and 3 in the last ten years. 4 of the 12 have a pool. They sit in 2 ZIP codes: 33143 and 33155.

Ask About These South Miami Price Reduced Homes

Tell us which of these homes you want to see, or what you are looking for that is not here, and a South Miami agent replies with the homes that fit, the questions to ask about each and a time to see them. Call or text (786) 914-1017 or send the form on this page.

South Miami Price Reduced Homes: What Is on the Market

What the 12 price reduced homes for sale in South Miami tell you about this market, counted from the listings on this page as of November 8, 2026. Every figure moves with the inventory. Ask about any of these homes or request a showing from this page.

Listings on this page	12
Asking prices	$485,000 to $4,900,000
Median asking price	$1,007,500
Median price per square foot	$592/sq ft
Median living area	1,671 sq ft
Bedrooms	2 to 5, median 3
Year built	1947 to 2026, median 1970
Median days on market	135 days
Listings with a price cut	12 of 12
With a pool	4 of 12
Median lot size (houses)	10,018.8 sq ft

By Asking Price

Under $900,000: 5 listings
$900,000 to $1,250,000: 3 listings
$1,250,000 and up: 4 listings

Counted from the listings on this page, BeachesMLS, as of November 8, 2026. Asking prices, not sale prices. Not an appraisal.

South Miami Price Reduced Homes: Questions Buyers Ask

How much do price reduced homes cost in South Miami?: The 12 price reduced homes for sale in South Miami on this page ask from $485,000 to $4,900,000, a median of $1,007,500 or about $592 per square foot, from BeachesMLS listings as of November 8, 2026. 5 are under $900,000, 3 are between $900,000 and $1,250,000 and 4 are at $1,250,000 and up. Asking prices are not sale prices: the South Miami housing market report shows what homes closed for.
How many price reduced homes are for sale in South Miami right now?: 12 price reduced homes are listed for sale in South Miami as of November 8, 2026, and the typical one has been on the market 135 days; 12 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.
How new are the price reduced homes for sale in South Miami?: 3 of the 12 listings were built in the last five years; the rest date from 1947 to 2026, as of November 8, 2026. A new home's permits, warranty and the builder's contract terms are what we read before you reserve or offer.

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