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Miami

Why you'd want to live in Miami

Miami is most famous for its amazing weather and beaches, and they are spectacular, but the city also offers many unexpected gems. The best place to start is the diverse array of neighborhoods, where visitors are encouraged to explore the cultural roots that make Miami an incredible melting pot. Discover the heritage of the Caribbean in Little Haiti, or the city’s Bahamian foundations in West Coconut Grove. Get immersed in the African-American experience of Historic Overtown or the thriving Miccosukee Native American community in South Dade. via visittheusa.co

Miami Market Report

$1,280,783

AVERAGE PRICE OF 10,856 HOMES

$643,300

AVERAGE PRICE OF 90 DISTRESSED HOMES

$3,279,362

AVERAGE PRICE OF 2,980 MULTI-MILLION DOLLAR HOMES

$2,502,021

AVERAGE PRICE OF 935 NEWLY BUILT HOMES

$2,342,461

AVERAGE PRICE OF 1,578 HOMES WITH A POOL

$954,269

AVERAGE PRICE OF 440 REDUCED PRICE HOMES

Average Home

Average Price $1,280,783
Avg Bedrooms 2.19 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $476,407
2 bedrooms $684,652
3 bedrooms $1,021,524
4 bedrooms $1,655,189
5 bedrooms $2,575,392
Miami Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 10,471 10,053 9,186 9,342 9,259
Average Price $1,281,194 $1,294,486 $1,336,183 $1,347,139 $1,303,598
Avg Price Change -1.04% -3.22% -0.82% +3.34% +2.44%
Median Price $660,606 $662,028 $672,328 $675,000 $675,000
Med Price Change -0.22% -1.56% -0.40% 0.00% +0.20%
Avg Bedrooms 2.18 beds 2.18 beds 2.16 beds 2.13 beds 2.14 beds
Avg Bathrooms 2.06 baths 2.06 baths 2.04 baths 2.01 baths 2.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 291 $1,069,865 113 days
Total Homes Average Price Avg Days on Site
All Homes 10,856 $1,280,783 122 days
Distressed Homes 90 $643,300 105 days
Multi-Million Dollar Homes 2,980 $3,279,362 147 days
Newly Built Homes 935 $2,502,021 124 days
Homes with a Pool 1,578 $2,342,461 105 days
Reduced Price Homes 440 $954,269 87 days
ONE Sotheby's International Realty
Vicky Molina Vitola
119 Washington Avenue, 102
Miami Beach, FL 33139
305-610-8813

Fair Housing/Equal Opportunity
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The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare ©2025 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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