Global gateway market · Florida · June 2026 data

Miami Real Estate Market

The Miami, FL housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Miami report in a click.

Median listing price
$499,000
▼ 2.2% YoY
Median $ / sq ft
$357
1,321 sq ft median
Median days on market
82
June 2026
Active listings
42,976
For sale now
New listings
9,806
June 2026
Listings with price cuts
15%
Share of active
Median sale price (closed)
$563,873
▲ 0.4% YoY · closed sales
Sale-to-list ratio
95.5%
Closed sales
Homes sold / month
1,846
Closed sales
Median listing price trend
$525K$518K$512K$506K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Miami FL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$625K$565K$506K$446K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Miami FL · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
42,976
New this month
9,806
Pending
10,996
Price-reduced
6,549

As of June 2026, the median home listed in Miami, FL asks $499,000 — down 2.2% from a year ago. Homes are taking a median of 82 days to go under contract, and 15% of the 42,976 active listings have taken a price cut, which points to a buyer-leaning market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
48/100
#498 of 932 covered metros
12-month outlook
-0.4%
Flat · model output, not advice
Momentum
62
Value
18
Rental yield
91
Supply risk
55
Market heat
14

Miami scores 48/100 on our composite Investor Score (#498 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; at the published FY2026 fair market rent of $2,359/mo for a two-bedroom, the gross rental yield on the median listing is about 5.7%; active inventory sits at 90% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 2.2% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Miami ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$2,249/mo
−$256/mo vs today
At today's rate · 6.43%
$2,505/mo
National weekly average
If rates rise 1% · 7.43%
$2,772/mo
+$267/mo vs today

Principal & interest on the $499,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
21,381
▲ 32.5% vs 2024
3.5 per 1,000 residents
Net migration (2022–2023)
-54,761
▼ people, via tax-return records
net income flow +$3833.0M/yr
Natural-hazard risk
Relatively High
National hazard index · top hazard: Hurricane

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Miami market news
Miami sellers pull back as homes sit longer, prices slipIslanderNews.com · 2026-07-03→Florida’s housing market is finding its balance | OpinionSun Sentinel · 2026-06-14→Seeing more price cuts in South Florida on Zillow? Here's whyNBC 6 South Florida · 2026-06-07→Are property values up or down? Take a detailed look at 34 markets in the Miami areaMiami Herald · 2026-06-02→

Recent headlines suggest Miami's housing market is cooling, with homes sitting longer, prices slipping, and more price cuts. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Miami by ZIP code

Median price, pace and inventory for 66 Miami ZIPs — the spread behind the metro number.

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Top agents in Miami

The highest-producing real estate agents in Miami, ranked by recent sales.

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Top teams

The groups setting production records nationwide.

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Get licensed in Florida

Hours, exam and the commission that regulates Florida agents.

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Agent salary in Florida

What real estate agents actually earn across Florida.

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Miami market FAQs

What is the median home price in Miami?
As of June 2026, the median listing price in Miami, FL is $499,000, down 2.2% year over year (source: public records and industry data).
How fast are homes selling in Miami?
The median property in Miami spends 82 days on the market, with 42,976 homes actively listed and 15% of them carrying a price cut — a buyer-leaning market by pace.
Who are the top real estate agents in Miami?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Miami and the wider Florida market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.