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Acre

Hot market · 2.6 months of supply

Miami, FL

Median $638,000 · +4.9% year over year

Browse Miami listings
Median sale price
$638,000+4.9%
Year over year
Median rent
$2,820+3.9%
Year over year
Price per sq ft
$524
Metro median
Days on market
19
Sale-to-list 98.9%

36 months

Median sale price

Median price from Aug '23 to Jul '26: rising, $585K to $638K (+9.1%).
PeriodMedian price
Aug '23$585K
Sep '23$586K
Oct '23$578K
Nov '23$575K
Dec '23$573K
Jan '24$577K
Feb '24$577K
Mar '24$582K
Apr '24$584K
May '24$586K
Jun '24$586K
Jul '24$585K
Aug '24$579K
Sep '24$575K
Oct '24$574K
Nov '24$570K
Dec '24$571K
Jan '25$577K
Feb '25$582K
Mar '25$585K
Apr '25$594K
May '25$598K
Jun '25$608K
Jul '25$608K
Aug '25$608K
Sep '25$610K
Oct '25$613K
Nov '25$614K
Dec '25$616K
Jan '26$617K
Feb '26$622K
Mar '26$627K
Apr '26$634K
May '26$640K
Jun '26$638K
Jul '26$638K

Market balance

2.604.59
Hot

Months of supply

Under 4 months favours sellers; over 6 favours buyers.

Months of supply: 2.6 on a scale from 0 to 9. Market is hot.
Months of supply2.6
Scale minimum0
Scale maximum9
Market temperatureHot
12-mo forecast
+5.7%
With price cuts
19%

36 months

Median rent

Median rent from Aug '23 to Jul '26: rising, $2,580 to $2,820 (+9.3%).
PeriodMedian rent
Aug '23$2,580
Sep '23$2,580
Oct '23$2,580
Nov '23$2,580
Dec '23$2,575
Jan '24$2,575
Feb '24$2,575
Mar '24$2,580
Apr '24$2,585
May '24$2,610
Jun '24$2,605
Jul '24$2,625
Aug '24$2,615
Sep '24$2,630
Oct '24$2,625
Nov '24$2,615
Dec '24$2,610
Jan '25$2,625
Feb '25$2,640
Mar '25$2,640
Apr '25$2,670
May '25$2,685
Jun '25$2,705
Jul '25$2,715
Aug '25$2,740
Sep '25$2,735
Oct '25$2,740
Nov '25$2,740
Dec '25$2,750
Jan '26$2,760
Feb '26$2,765
Mar '26$2,775
Apr '26$2,785
May '26$2,805
Jun '26$2,800
Jul '26$2,820

18 months

Active inventory

Value across 18 categories. Highest Aug '25 at 6,514; lowest Feb '26 at 5,015.
CategoryValue
Feb '255,583
Mar '255,557
Apr '255,672
May '256,044
Jun '256,157
Jul '256,351
Aug '256,514
Sep '256,363
Oct '256,065
Nov '255,548
Dec '255,437
Jan '265,038
Feb '265,015
Mar '265,050
Apr '265,202
May '265,419
Jun '265,762
Jul '265,855

18 months

Days on market

Value across 18 categories. Highest Feb '25 at 33 d; lowest Aug '25 at 19 d.
CategoryValue
Feb '2533 d
Mar '2531 d
Apr '2529 d
May '2525 d
Jun '2522 d
Jul '2521 d
Aug '2519 d
Sep '2520 d
Oct '2521 d
Nov '2525 d
Dec '2527 d
Jan '2628 d
Feb '2628 d
Mar '2628 d
Apr '2626 d
May '2625 d
Jun '2622 d
Jul '2619 d
Active inventory
5,855
New listings
4
This month
Pending sales
2,683
Closed sales
2,210
Affordability
54/100
Higher is more affordable

On the market now

Listings in Miami

View all
40,730 SF Office building in Little Havana, 5876 SW 8th St
5876 SW 8th St, photo 2 of 8
Coming Soon

$15,205,000

6.7% cap · 40,730 sq ft RBA · Class B

5876 SW 8th St

Miami, FL 33125

Listed 2 days ago$373/sq ft
1 Bed Condo in Wynwood, 1885 Biscayne Blvd, 4F
1885 Biscayne Blvd, 4F, photo 2 of 8
New

$3,250/mo

1 bd · 2 ba · 1,060 sq ft

1885 Biscayne Blvd, 4F

Miami, FL 33127

Listed 2 days ago$3/sq ft
5 Bed Home in Edgewater, 5706 Miracle Mile
5706 Miracle Mile, photo 2 of 8

$1,940,000

5 bd · 3.5 ba · 3,250 sq ft

5706 Miracle Mile

Miami, FL 33129

Listed last week$597/sq ft
4 Bed Home in Coconut Grove, 3012 Ponce de Leon Blvd
3012 Ponce de Leon Blvd, photo 2 of 8

$8,425/mo

4 bd · 2.5 ba · 2,400 sq ft

3012 Ponce de Leon Blvd

Miami, FL 33130

Listed 3 weeks ago$4/sq ft
5 Bed Home in Coral Gables, 6163 NE 2nd Ave
6163 NE 2nd Ave, photo 2 of 6

$10,950/mo

5 bd · 3 ba · 2,950 sq ft

6163 NE 2nd Ave

Miami, FL 33131

Listed 2 months ago$4/sq ft
2 Bed Condo in Brickell, 7784 Biscayne Blvd, 24C
7784 Biscayne Blvd, 24C, photo 2 of 7
New

$6,450/mo

2 bd · 2 ba · 1,420 sq ft

7784 Biscayne Blvd, 24C

Miami, FL 33133

Listed last week$5/sq ft

Comparable markets

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$498,000

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$468,000

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