How much do homes in Miami cost?
Median List Price
$458,109
Based on all homes listed in the last 12 months.
Difference Since March 2019
+$63,094(+16.0%)
Key Takeaway
The list price of homes in Miami has increased by 16% since last year.
Housing Market Conditions
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Noteworthy Homes Listed
Median List Price By Bedroom Count
| # BEDS | Mar 2019 | Mar 2020 | % |
|---|---|---|---|
| 1 Bedroom | $270.7K | $305.3K | +12.8% |
| 2 Bedrooms | $399.8K | $456K | +14.1% |
| 3 Bedrooms | $563K | $702K | +24.7% |
| 4 Bedrooms | $749.5K | $972.7K | +29.8% |
| 5+ Bedrooms | $1.7M | $1.8M | +5.3% |
Median List Price Compared To Nearby Cities
| % | |
|---|---|
| Miami | +16.0% |
| West Miami | +6.5% |
How many homes are available in Miami?
Number of Homes For Sale
| Feb 2020 | Mar 2020 | % |
|---|---|---|
| 4,602 | 4,821 | +4.8% |
Homes For Sale By Bedroom Count
| # BEDS | Feb 2020 | Mar 2020 | % |
|---|---|---|---|
| 1 Bedroom | 1,141 | 1,190 | +4.3% |
| 2 Bedrooms | 1,850 | 1,922 | +3.9% |
| 3 Bedrooms | 1,025 | 1,072 | +4.6% |
| 4 Bedrooms | 367 | 399 | +8.7% |
| 5+ Bedrooms | 219 | 238 | +8.7% |
Asking Price vs. Sold Price
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Average Listing Age
| Mar 2019 | Mar 2020 | % |
|---|---|---|
| 197 Days | 188 Days | -4.4% |
Breakdown of Home Sale Times
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