Miami, FL metro area: housing market report

Updated 10/26/2026

Verified monthly housing data for Miami, FL metro area. The national median sale price for the same period was $393,895; neither median describes a specific home.

  • Median sale price: $568,694 (+1.6% year over year)
  • Closed sales: 1,950 (-3.6% year over year)
  • Inventory: 16,262 (-12.1% year over year)
  • Median days on market: 96 (-2 days year over year)

For buyers: Inventory is down 12.1% and homes are taking 2 fewer days to sell. Prepare financing and compare recent sales before making an offer.

For sellers: Fewer available homes and shorter marketing times suggest tighter conditions. Use nearby comparable sales to price your specific property.

Six-month trend

Monthly observations; price is the median sale price in dollars.
MonthPriceSalesDays
2026-04$565,0002,05694
2026-05$560,0002,09590
2026-06$575,0002,03194
2026-07$550,0001,99392
2026-08$555,5001,98493
2026-09$568,6941,95096

Reporting period: 2026-09-01 through 2026-09-30. Source revised: 2026-10-07. Retrieved: 2026-10-26. Source geography: Miami, FL metro area (ID 33124).

Source: Redfin Data Center monthly download. Source methodology.

How to read these figures

Redfin monthly All Residential, all construction; seasonally adjusted where available, except median sale price (not seasonally adjusted). Redfin Metro boundaries can be metro divisions or smaller statistical areas; these are not city limits. Census region follows the first state in the source label for cross-state areas. Monthly data can be revised; weekly publication does not imply weekly measurements.

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About the Author

Written by Jim Gruler, Arizona Licensed Real Estate Broker and Co-Founder of Seeking Agents®. Jim has more than 18 years of real estate experience and helps create educational resources for buyers and sellers navigating the home buying and selling process.

Seeking Agents® is a Phoenix-based platform that helps buyers and sellers compare real estate agents, service offerings, and commission options. Seeking Agents® is not a brokerage and does not provide legal, financial, mortgage, or tax advice.

Last updated: 10/26/2026