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Housing Market

Miami-Dade County housing market

The median home in Miami-Dade County sold for $560,000 in October 2026, up 1.8% from $550,000 16 months earlier. On the measures below the market is close to balanced.

What is your Miami-Dade County home worth?

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Where Miami-Dade County stands right now

Median sale price

$560,000

October 2026

Median days on market

55 days

October 2026

Leverage

Are buyers or sellers in control in Miami-Dade County?

On the last full month of data, Miami-Dade County is close to balanced.

That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.

  • ·6.25% of sales closed above asking
  • ·40.73% of sellers cut their price before closing

Read from months of supply, the share of sales closing above asking, and the share of sellers who cut their price. Each is scored against conventional thresholds and the balance decides. This describes the months already closed, not a prediction of what comes next.

Miami-Dade County market trends, month by month

Every figure below is a complete calendar month. Blank months had too few sales to support a reliable median.

Median sale price

$550,000 in Jul 2025 to $560,000 in Oct 2026, up 1.8% over 16 months. Trending in sellers' favour.

Median sale price by month
MonthMedian sale price
Jul 2025$550,000
Aug 2025$555,000
Sep 2025$560,000
Oct 2025$550,000
Nov 2025$550,000
Dec 2025$550,000
Jan 2026$560,000
Feb 2026$555,000
Mar 2026$579,900
Apr 2026$580,000
May 2026$565,000
Jun 2026$575,000
Jul 2026$550,000
Aug 2026$560,000
Sep 2026$575,000
Oct 2026$560,000

Median days on market

55 days in Jul 2025 to 55 days in Oct 2026 over 16 months.

Median days on market by month
MonthMedian days on market
Jul 202555 days
Aug 202562 days
Sep 202562 days
Oct 202560 days
Nov 202559 days
Dec 202559 days
Jan 202664 days
Feb 202666 days
Mar 202657 days
Apr 202652 days
May 202651 days
Jun 202655 days
Jul 202654 days
Aug 202654 days
Sep 202654 days
Oct 202655 days

Share of sales closing above asking

7.8% in Jul 2025 to 6.3% in Oct 2026, down 20.1% over 16 months. Trending in buyers' favour.

Share of sales closing above asking by month
MonthShare of sales closing above asking
Jul 20257.8%
Aug 20257.5%
Sep 20256.9%
Oct 20256.7%
Nov 20256.9%
Dec 20256.5%
Jan 20267.1%
Feb 20267.0%
Mar 20268.6%
Apr 20267.3%
May 20269.3%
Jun 20269.1%
Jul 20268.7%
Aug 20267.9%
Sep 20268.9%
Oct 20266.3%

Share of sellers who cut their price

47.8% in Jul 2025 to 40.7% in Oct 2026, down 14.8% over 16 months. Trending in sellers' favour.

Share of sellers who cut their price by month
MonthShare of sellers who cut their price
Jul 202547.8%
Aug 202548.6%
Sep 202547.1%
Oct 202547.1%
Nov 202546.0%
Dec 202545.0%
Jan 202646.7%
Feb 202644.0%
Mar 202641.7%
Apr 202642.0%
May 202640.0%
Jun 202641.6%
Jul 202642.2%
Aug 202639.6%
Sep 202642.1%
Oct 202640.7%

Homes sold

1,906 in Jul 2025 to 496 in Oct 2026, down 74% over 16 months.

Homes sold by month
MonthHomes sold
Jul 20251,906
Aug 20251,912
Sep 20251,906
Oct 20252,035
Nov 20251,631
Dec 20252,052
Jan 20261,479
Feb 20261,736
Mar 20262,265
Apr 20262,206
May 20262,145
Jun 20262,301
Jul 20262,072
Aug 20261,875
Sep 20261,803
Oct 2026496

Buying in Miami-Dade County?

The same figures read differently from the buying side. Ask what they mean for an offer on a specific home rather than for the market as a whole.

Browse Homes for SaleTalk to a Buyer's Agent

Miami-Dade County monthly report archive

Nearby Markets

Compare Miami-Dade County with nearby markets

Source: BeachesMLS via Trestle, compiled by Pure Equity Realty. Figures cover residential sales and exclude land and commercial. Updated nightly.

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