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PURE EQUITY

Housing Market

Miami Lakes housing market

The median home in Miami Lakes sold for $0 in October 2026, up 3.7% from $605,000 14 months earlier. On the measures below the market is close to balanced.

What is your Miami Lakes home worth?

The median tells you about the market. It does not tell you about your home. Ask for a valuation built from recent sales near you rather than an online estimate.

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Where Miami Lakes stands right now

Leverage

Are buyers or sellers in control in Miami Lakes?

On the last full month of data, Miami Lakes 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.

    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 Lakes 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

    $605,000 in Jul 2025 to $627,500 in Sep 2026, up 3.7% over 14 months. Trending in sellers' favour.

    Median sale price by month
    MonthMedian sale price
    Jul 2025$605,000
    Aug 2025$785,000
    Sep 2025$580,000
    Oct 2025$568,000
    Nov 2025$760,500
    Dec 2025$701,814
    Jan 2026$700,000
    Feb 2026$612,500
    Mar 2026$690,000
    Apr 2026$742,500
    May 2026$779,950
    Jun 2026$537,500
    Jul 2026$721,500
    Aug 2026too few sales to report
    Sep 2026$627,500
    Oct 2026too few sales to report

    2 months are left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Median days on market

    59 days in Jul 2025 to 46 days in Sep 2026, down 22% over 14 months. Trending in sellers' favour.

    Median days on market by month
    MonthMedian days on market
    Jul 202559 days
    Aug 202544 days
    Sep 202587 days
    Oct 202570 days
    Nov 202536 days
    Dec 202568 days
    Jan 202626 days
    Feb 202688 days
    Mar 202673 days
    Apr 202649 days
    May 202632 days
    Jun 202655 days
    Jul 202648 days
    Aug 2026too few sales to report
    Sep 202646 days
    Oct 2026too few sales to report

    2 months are left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Share of sales closing above asking

    4.3% in Jul 2025 to 0.0% in Sep 2026, down 100% over 14 months. Trending in buyers' favour.

    Share of sales closing above asking by month
    MonthShare of sales closing above asking
    Jul 20254.3%
    Aug 20253.3%
    Sep 20250.0%
    Oct 202515.0%
    Nov 20254.5%
    Dec 20259.1%
    Jan 20269.1%
    Feb 202614.3%
    Mar 20264.0%
    Apr 20260.0%
    May 20264.5%
    Jun 202612.5%
    Jul 20263.9%
    Aug 2026too few sales to report
    Sep 20260.0%
    Oct 2026too few sales to report

    2 months are left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Share of sellers who cut their price

    60.9% in Jul 2025 to 33.3% in Sep 2026, down 45.2% over 14 months. Trending in sellers' favour.

    Share of sellers who cut their price by month
    MonthShare of sellers who cut their price
    Jul 202560.9%
    Aug 202556.7%
    Sep 202530.8%
    Oct 202565.0%
    Nov 202531.8%
    Dec 202545.5%
    Jan 202618.2%
    Feb 202650.0%
    Mar 202644.0%
    Apr 202650.0%
    May 202631.8%
    Jun 202662.5%
    Jul 202634.6%
    Aug 2026too few sales to report
    Sep 202633.3%
    Oct 2026too few sales to report

    2 months are left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Homes sold

    23 in Jul 2025 to 1 in Oct 2026, down 95.7% over 16 months.

    Homes sold by month
    MonthHomes sold
    Jul 202523
    Aug 202530
    Sep 202513
    Oct 202520
    Nov 202522
    Dec 202522
    Jan 202611
    Feb 202614
    Mar 202625
    Apr 202618
    May 202622
    Jun 202616
    Jul 202626
    Aug 20269
    Sep 202612
    Oct 20261

    Buying in Miami Lakes?

    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

    Nearby Markets

    Compare Miami Lakes 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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