How much do homes in North Miami, FL cost?

Median List Price

$298,767

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$28,805(+10.7%)

Key Takeaway

The list price of homes in North Miami has increased by 10.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $129.5K$139K+7.3%
2 $221.7K$229.8K+3.6%
3 $340K$365K+7.4%
4 $395K$499.5K+26.5%
5+ $1.7M$2.1M+26.1%

Median List Price Compared To Nearby Cities

North Miami Beach
+13.4%
North Miami
+10.7%
Sunny Isles Beach
+10.2%
Opa-locka
+7.3%
Biscayne Park
+3.8%

How many homes are available in North Miami, FL?

Number of Homes For Sale

Apr 2021May 2021%
321315-1.9%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 7173+2.8%
2 110119+8.2%
3 8874-15.9%
4 3231-3.1%
5+ 2018-10.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

May 2020May 2021%
220 Days165 Days-25.2%

Breakdown of Home Sale Times

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About North Miami, FL

Homes for sale in North Miami, FL have reached 315.

In May 2021, listings were on the market for 165 days. During the same period, the median list price in this real estate market was $298,767.

Real estate listing prices changed between April 2021 and May 2021: the cost of 1 bedroom properties went up by 7.3%, 2 bedrooms properties became 3.6% more expensive, 3 bedrooms properties prices increased by 7.4%, prices of 4 bedrooms properties went up by 26.5%, prices of 5 bedrooms properties went up by 26.1%.

In May 2021 in North Miami, FL there were 1.9% less homes for sale than in April 2021.

Volume of homes for sale changed: number of 1 bedroom homes increased by 2.8%, number of 2 bedrooms homes increased by 8.2%, volume of 3 bedrooms homes went dowm by 15.9%, number of 4 bedrooms homes decreased by 3.1%, 5 bedrooms homes inventory decreased by 10%.

While more than 7 listings in North Miami, FL in May 2021 were sold above asking price, there were more than 7 listings sold at asking price, and more than 22 were sold below.

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