Miami Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $374,900
    3% ( $9,900 ) vs May 2017
  • Median Sales Price
    $290,000
    1% ( $4,000 ) vs May 2017
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 8,675
    Homes for Sale 3,230
    Recently Sold 13,571

Market Summary

There are currently 8,675 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 3,230.

In June, the number of properties that received a foreclosure filing in Miami, FL was 47% higher than the previous month and 5% higher than the same time last year.

Home sales for May 2018 were down 13% compared with the previous month, and up 150% compared with a year ago. The median sales price of a non-distressed home was $290,000. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Miami, FL


  • Foreclosure Discount
    NOT AVAILABLE


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$0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $205,050 (Median Foreclosure Sales Price) $217,500 (Median Foreclosure Sales Price) $182,800 (Median Foreclosure Sales Price) $290,000 (Median Sales Price) $286,000 (Median Sales Price) $283,250 (Median Sales Price) $273,000 (Median Sales Price) $265,000 (Median Sales Price) $260,000 (Median Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $205,050 (Median Foreclosure Sales Price) $217,500 (Median Foreclosure Sales Price) $182,800 (Median Foreclosure Sales Price) $290,000 (Median Sales Price) $286,000 (Median Sales Price) $283,250 (Median Sales Price) $273,000 (Median Sales Price) $265,000 (Median Sales Price) $260,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac's parent company, ATTOM Data Solutions, 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
1,801
540.9
% (y-o-y)
$240,000
4.3
% (y-o-y)
Data not available
Pompano Beach
961
553.7
% (y-o-y)
$225,000
2.3
% (y-o-y)
Data not available
Hollywood
851
370.2
% (y-o-y)
$263,100
4.2
% (y-o-y)
Data not available
Boca Raton
449
274.2
% (y-o-y)
$326,000
0.3
% (y-o-y)
Data not available
Lake Worth
368
157.3
% (y-o-y)
$198,750
0.9
% (y-o-y)
Data not available
Miami Beach
347
410.3
% (y-o-y)
$340,000
3.3
% (y-o-y)
Data not available
Boynton Beach
346
349.4
% (y-o-y)
$234,000
1.7
% (y-o-y)
Data not available
Delray Beach
334
345.3
% (y-o-y)
$181,500
23.6
% (y-o-y)
Data not available
Homestead
224
85.1
% (y-o-y)
$215,000
13.4
% (y-o-y)
Data not available
Hialeah
224
105.5
% (y-o-y)
$250,000
11.1
% (y-o-y)
Data not available

Local Info For Miami

Population:
391,458
Cost of Living Index: 128.72
Crime Index: 177.10     Rating: C View crime details
Schools: 284    Average School Rating: B- View individual school rating
Household Median Income: $29,621
Unemployment: 4.60%
Percentage of vacant homes: 18.12%

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