Miami, FL Housing Market Trends

Market Overview for Q2 2026

$555K -1.8% Y-o-Y -$10K Y-o-Y
$341 -0.3% Y-o-Y -$1 Y-o-Y
5,055 6.2% Y-o-Y 293 Y-o-Y
$417K 9% Y-o-Y $36K Y-o-Y
Miami, FL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $435,000 $460,000 $460,000 $475,000
2023 $476,000 $510,000 $520,000 $500,000
2024 $525,000 $549,000 $539,000 $546,000
2025 $555,000 $565,000 $546,000 $540,000
2026 $550,000 $555,000
Miami, FL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $276 $297 $290 $291
2023 $297 $311 $321 $315
2024 $324 $337 $343 $332
2025 $338 $342 $330 $333
2026 $336 $341
Real Estate Transactions in Miami, FL
Year Q1 Q2 Q3 Q4
2022 7,905 8,857 6,447 5,319
2023 4,606 6,121 5,665 4,900
2024 4,347 5,527 5,505 4,486
2025 3,926 4,762 4,508 4,482
2026 4,131 5,055
Miami Dade County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $415,000 $436,000 $435,000 $444,000
2023 $450,000 $480,000 $490,000 $475,000
2024 $500,000 $515,000 $510,000 $512,000
2025 $520,000 $535,000 $515,000 $515,000
2026 $522,000 $535,000
Miami, FL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $435,000 $460,000 $460,000 $475,000
2023 $476,000 $510,000 $520,000 $500,000
2024 $525,000 $549,000 $539,000 $546,000
2025 $555,000 $565,000 $546,000 $540,000
2026 $550,000 $555,000
Miami, FL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $276 $297 $290 $291
2023 $297 $311 $321 $315
2024 $324 $337 $343 $332
2025 $338 $342 $330 $333
2026 $336 $341
Real Estate Transactions in Miami, FL
Year Q1 Q2 Q3 Q4
2022 7,905 8,857 6,447 5,319
2023 4,606 6,121 5,665 4,900
2024 4,347 5,527 5,505 4,486
2025 3,926 4,762 4,508 4,482
2026 4,131 5,055
Miami Dade County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $415,000 $436,000 $435,000 $444,000
2023 $450,000 $480,000 $490,000 $475,000
2024 $500,000 $515,000 $510,000 $512,000
2025 $520,000 $535,000 $515,000 $515,000
2026 $522,000 $535,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$373K
-6.8%
$354
-6.3%
1,869
Houses
$650K
0%
$336
2.1%
3,172

Miami, FL Housing Stock

Property Type
Units
Single Family
276,773
2-4 Family
103
Condo
191,032
Co-op
1,437
Townhouse
37,995
Other
873

Miami Dade County: Demographics

Total population
459,745
Median age
39.3
No high school education
9.8%
Some high school/college
34.6%
Bachelor's degree
21.7%
Average household income
$105,558
Occupied housing units
194,821
Owner-occupied units
30.8%
Renter-occupied units
69.2%
Median year structure built
1979

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price