Miami, FL Home Values & Market Trends
Real estate market trends reflect that there have been 15,660 transactions over the past year in Miami. The median value for residential home transactions that occurred over the previous year is $531,897.23. The number of current listings in Miami is 1,474, and the percentage of properties for sale in the city is 1474.00%. Miami, FL currently has 598 properties in foreclosure, 18 bank owned properties, 225 properties headed for auction, and 1,474 properties for sale.
Miami, FL Real Estate Market Overview
Zip | Median Est. Value | Zip | Median Est. Value |
---|---|---|---|
33180 | $ 537,495 $ 397/sqft | 33193 | $ 549,217 $ 314/sqft |
33131 | $ 785,000 $ 713/sqft | 33126 | $ 312,774 $ 329/sqft |
33132 | $ 597,348 $ 650/sqft | 33196 | $ 534,586 $ 323/sqft |
33137 | $ 770,000 $ 785/sqft | 33146 | $ 1,650,000 $ 797/sqft |
33179 | $ 249,635 $ 241/sqft | 33135 | $ 647,000 $ 369/sqft |
33133 | $ 1,488,102 $ 780/sqft | 33185 | $ 699,706 $ 316/sqft |
33130 | $ 661,502 $ 623/sqft | 33183 | $ 393,711 $ 326/sqft |
33157 | $ 729,950 $ 381/sqft | 33173 | $ 450,000 $ 335/sqft |
33178 | $ 465,587 $ 356/sqft | 33168 | $ 556,750 $ 425/sqft |
33134 | $ 895,965 $ 568/sqft | 33142 | $ 429,400 $ 331/sqft |
33181 | $ 367,244 $ 263/sqft | 33155 | $ 669,969 $ 414/sqft |
33156 | $ 2,242,800 $ 690/sqft | 33150 | $ 483,020 $ 362/sqft |
33161 | $ 549,900 $ 361/sqft | 33187 | $ 589,000 $ 356/sqft |
33176 | $ 870,000 $ 402/sqft | 33170 | $ 720,000 $ 327/sqft |
33143 | $ 1,775,000 $ 727/sqft | 33189 | $ 551,500 $ 356/sqft |
33165 | $ 701,375 $ 384/sqft | 33190 | $ 537,750 $ 282/sqft |
33138 | $ 570,662 $ 425/sqft | 33158 | $ 1,547,000 $ 497/sqft |
33186 | $ 551,068 $ 334/sqft | 33167 | $ 444,900 $ 353/sqft |
33169 | $ 431,738 $ 252/sqft | 33144 | $ 657,525 $ 362/sqft |
33177 | $ 587,442 $ 375/sqft | 33174 | $ 350,000 $ 302/sqft |
33162 | $ 514,900 $ 428/sqft | 33184 | $ 479,000 $ 295/sqft |
33127 | $ 769,350 $ 569/sqft | 33182 | $ 799,900 $ 350/sqft |
33172 | $ 309,429 $ 274/sqft | 33128 | $ 165,000 $ 354/sqft |
33129 | $ 762,000 $ 619/sqft | 33136 | $ 1,006,001 $ 883/sqft |
33175 | $ 584,944 $ 371/sqft | 33194 | $ 1,013,399 $ 414/sqft |
33145 | $ 782,650 $ 448/sqft | 33261 | $ -- $ -- |
33147 | $ 466,865 $ 316/sqft | 33199 | $ -- $ -- |
33125 | $ 456,200 $ 360/sqft | 33191 | $ -- $ -- |
33166 | $ 668,301 $ 532/sqft | 33122 | $ -- $ -- |
Housing Market Summary for Miami, FL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $636.7K | $535.1K | -15.95% |
Median Sold Price | $508.5K | $535.1K | 5.24% |
Homes For Sale | 1,321 | 1,491 | 12.87% |
Homes Sold | 10,267 | 10,628 | 3.52% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Miami, FL
Browse Homes in Miami, FL
Miami home values range from $20,852 to $79,074,450. The median estimated value of a home in Miami is $531,897.23. The median list price of a home is 652,444, and the total count of properties in the city is 387,765.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in Miami, FL with 33179 containing 33 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 58 zips within Miami, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,684,046 in 33194 to the lowest home value of $132,897 in 33179.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Miami, FL ranges from the highest value of $470,535 in 33133 to the lowest value of $158,383 in 33150. Bank owned homes and properties account for 0.00% of properties in Miami, FL. There are 58 zips within Miami, FL; 33150 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions33157 has 17 auction properties, the highest number of properties going to auction in a single zip in the state of Miami, FL. Auction homes and other auction properties account for 0.06% of all properties in Miami, FL. There are 58 zips within Miami, FL; of those zips, the median estimated home value for homes going to auction ranges from $2,085,226 in 33158 to the lowest value of $124,388 in 33158.
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Guide for Miami, FL
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