Miami Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $349,000
    0% ( $0 ) vs Apr 2015
  • Median Sales Price
    $253,000
    1% ( $3,000 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $166,600
    1% ( $2,400 ) vs Apr 2015
  • Foreclosures 20,885
    Homes for Sale 8,964
    Recently Sold 21,033

Market Summary

There are currently 20,885 properties in Miami, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 8,964.

In May, the number of properties that received a foreclosure filing in Miami, FL was 0% lower than the previous month and 45% lower than the same time last year.

Home sales for April 2016 were down 4% compared with the previous month, and up 322% compared with a year ago. The median sales price of a non-distressed home was $253,000. The median sales price of a foreclosure home was $166,600, or 34% lower than non-distressed home sales.

Sales Prices - Miami, FL




Add this chart to your website.

$166,600 (Median Foreclosure Sales Price) $169,000 (Median Foreclosure Sales Price) $165,100 (Median Foreclosure Sales Price) $163,300 (Median Foreclosure Sales Price) $159,000 (Median Foreclosure Sales Price) $156,100 (Median Foreclosure Sales Price) $253,000 (Median Sales Price) $250,000 (Median Sales Price) $248,000 (Median Sales Price) $245,000 (Median Sales Price) $240,000 (Median Sales Price) $220,000 (Median Sales Price) $166,600 (Median Foreclosure Sales Price) $169,000 (Median Foreclosure Sales Price) $165,100 (Median Foreclosure Sales Price) $163,300 (Median Foreclosure Sales Price) $159,000 (Median Foreclosure Sales Price) $156,100 (Median Foreclosure Sales Price) $253,000 (Median Sales Price) $250,000 (Median Sales Price) $248,000 (Median Sales Price) $245,000 (Median Sales Price) $240,000 (Median Sales Price) $220,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Fort Lauderdale
1,982
115.2
% (y-o-y)
$200,000
21.2
% (y-o-y)
29.0%
24.2
% (y-o-y)
Pompano Beach
1,055
99.8
% (y-o-y)
$170,000
9.7
% (y-o-y)
16.9%
21.3
% (y-o-y)
Hollywood
941
74.9
% (y-o-y)
$222,500
10.7
% (y-o-y)
14.6%
26.3
% (y-o-y)
Boca Raton
624
97.5
% (y-o-y)
$279,450
11.8
% (y-o-y)
23.2%
20.6
% (y-o-y)
Lake Worth
488
71.2
% (y-o-y)
$157,450
17.5
% (y-o-y)
5.5%
12.8
% (y-o-y)
Boynton Beach
429
52.7
% (y-o-y)
$205,000
24.3
% (y-o-y)
26.5%
23.6
% (y-o-y)
Miami Beach
426
187.8
% (y-o-y)
$370,000
4.9
% (y-o-y)
34.1%
36.2
% (y-o-y)
Delray Beach
402
74.0
% (y-o-y)
$148,250
8.4
% (y-o-y)
Data not available
Homestead
356
119.8
% (y-o-y)
$157,000
20.8
% (y-o-y)
19.4%
17.6
% (y-o-y)
Hialeah
333
134.5
% (y-o-y)
$190,000
10.9
% (y-o-y)
14.4%
25.2
% (y-o-y)

Local Info For Miami

Population:
391,458
Cost of Living Index: 128.72
Crime Index: 270.13     Rating: D View crime details
Schools: 284    Average School Rating: B- View individual school rating
Household Median Income: $29,621
Unemployment: 5.30%
Percentage of vacant homes: 18.12%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)