In July 2026, the median home sale price in Miami, FL was $595,000, with homes selling in an average of 87 days — slower than the 75-day average last year, suggesting buyers have more negotiating room. A total of 15528 homes sold in this period, up from 15111 last year — a sign of an active market.
The median list price of Miami, FL, was $639,000 in July 2026, compared to $599,997 in July 2025.
Miami, FL Market Trend for Houses
Median List Price
The median list price of houses in Miami, FL, was $820,000 in July 2026, compared to $709,000 in July 2025.
Miami, FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Miami, FL, was $500,000 in July 2026, compared to $470,000 in July 2025.
Miami, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami, FL, was $700,000 in July 2026, compared to $757,500 in July 2025.
Miami, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami, FL, was $1,200,000 in July 2026, compared to $1,249,500 in July 2025.
Miami, FL Housing Market Analysis
There are currently 12091 homes listed for sale in Miami, FL, an increase of 93.70% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,510,002 (up 11.06% year-over-year), and the average price per square foot is $513 compared to $452 in 2025. Properties spend an average of 152 days on the market before going under contract.
