In October 2026, the median home sale price in Miami, FL was $587,000, with homes selling in an average of 83 days — slower than the 54-day average last year, suggesting buyers have more negotiating room. A total of 1048 homes sold in this period, up from 143 last year — a sign of an active market.
The median list price of Miami, FL, was $650,000 in October 2026, compared to $689,950 in October 2025.
Miami, FL Market Trend for Houses
Median List Price
The median list price of houses in Miami, FL, was $799,000 in October 2026, compared to $742,500 in October 2025.
Miami, FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Miami, FL, was $513,995 in October 2026, compared to $630,000 in October 2025.
Miami, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami, FL, was $599,799 in October 2026, compared to $899,000 in October 2025.
Miami, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami, FL, was $1,100,000 in October 2026, compared to $1,950,000 in October 2025.
Miami, FL Housing Market Analysis
There are currently 5915 homes listed for sale in Miami, FL, an increase of 1386.18% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $1,397,664 (down 28.67% year-over-year), and the average price per square foot is $500 compared to $595 in 2025. Properties spend an average of 104 days on the market before going under contract.
