Housing Market
Miami Lakes housing market
The median home in Miami Lakes sold for $627,500 in September 2026, up 3.7% from $605,000 14 months earlier. On the measures below the market leans toward buyers.
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.
Where Miami Lakes stands right now
Median sale price
$627,500
September 2026
Homes for sale
93
as of today
Months of supply
5.9
inventory ÷ recent sales
Median days on market
46 days
September 2026
October 2026 is still in progress, so its 1 closed sales so far are not comparable to a full month and are left out of the trends below.
Leverage
Are buyers or sellers in control in Miami Lakes?
On the last full month of data, Miami Lakes leans toward buyers.
That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.
- ·5.9 months of supply, in the balanced range
- ·only 0% of sales closed above asking
- ·33.33% 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 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.
| Month | Median 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 2026 | too few sales to report |
| Sep 2026 | $627,500 |
One month is 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.
| Month | Median days on market |
|---|---|
| Jul 2025 | 59 days |
| Aug 2025 | 44 days |
| Sep 2025 | 87 days |
| Oct 2025 | 70 days |
| Nov 2025 | 36 days |
| Dec 2025 | 68 days |
| Jan 2026 | 26 days |
| Feb 2026 | 88 days |
| Mar 2026 | 73 days |
| Apr 2026 | 49 days |
| May 2026 | 32 days |
| Jun 2026 | 55 days |
| Jul 2026 | 48 days |
| Aug 2026 | too few sales to report |
| Sep 2026 | 46 days |
One month is 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.
| Month | Share of sales closing above asking |
|---|---|
| Jul 2025 | 4.3% |
| Aug 2025 | 3.3% |
| Sep 2025 | 0.0% |
| Oct 2025 | 15.0% |
| Nov 2025 | 4.5% |
| Dec 2025 | 9.1% |
| Jan 2026 | 9.1% |
| Feb 2026 | 14.3% |
| Mar 2026 | 4.0% |
| Apr 2026 | 0.0% |
| May 2026 | 4.5% |
| Jun 2026 | 12.5% |
| Jul 2026 | 3.9% |
| Aug 2026 | too few sales to report |
| Sep 2026 | 0.0% |
One month is 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.
| Month | Share of sellers who cut their price |
|---|---|
| Jul 2025 | 60.9% |
| Aug 2025 | 56.7% |
| Sep 2025 | 30.8% |
| Oct 2025 | 65.0% |
| Nov 2025 | 31.8% |
| Dec 2025 | 45.5% |
| Jan 2026 | 18.2% |
| Feb 2026 | 50.0% |
| Mar 2026 | 44.0% |
| Apr 2026 | 50.0% |
| May 2026 | 31.8% |
| Jun 2026 | 62.5% |
| Jul 2026 | 34.6% |
| Aug 2026 | too few sales to report |
| Sep 2026 | 33.3% |
One month is 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 12 in Sep 2026, down 47.8% over 15 months.
| Month | Homes sold |
|---|---|
| Jul 2025 | 23 |
| Aug 2025 | 30 |
| Sep 2025 | 13 |
| Oct 2025 | 20 |
| Nov 2025 | 22 |
| Dec 2025 | 22 |
| Jan 2026 | 11 |
| Feb 2026 | 14 |
| Mar 2026 | 25 |
| Apr 2026 | 18 |
| May 2026 | 22 |
| Jun 2026 | 16 |
| Jul 2026 | 26 |
| Aug 2026 | 9 |
| Sep 2026 | 12 |
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.
Nearby Markets
Compare Miami Lakes with nearby markets
- Miami Shores housing market
- North Bay Village housing market
- North Miami housing market
- North Miami Beach housing market
- Palmetto Bay housing market
- Pinecrest housing market
- South Miami housing market
- Sunny Isles Beach housing market
- Miami-Dade County housing market
- Okeechobee housing market
Source: BeachesMLS via Trestle, compiled by Pure Equity Realty. Figures cover residential sales and exclude land and commercial. Updated nightly.
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