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PURE EQUITY

Housing Market

North Miami housing market

The median home in North Miami sold for $0 in October 2026, down 2.6% from $505,000 15 months earlier. On the measures below the market is close to balanced.

What is your North Miami 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 North Miami stands right now

Leverage

Are buyers or sellers in control in North Miami?

On the last full month of data, North Miami 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.

    North Miami 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

    $505,000 in Jul 2025 to $491,995 in Sep 2026, down 2.6% over 15 months. Trending in buyers' favour.

    Median sale price by month
    MonthMedian sale price
    Jul 2025$505,000
    Aug 2025$400,000
    Sep 2025$425,000
    Oct 2025$460,000
    Nov 2025$457,375
    Dec 2025$560,000
    Jan 2026$522,500
    Feb 2026$495,000
    Mar 2026$360,000
    Apr 2026$440,000
    May 2026$560,000
    Jun 2026$510,000
    Jul 2026$542,000
    Aug 2026$452,500
    Sep 2026$491,995
    Oct 2026too few sales to report

    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

    66 days in Jul 2025 to 52 days in Sep 2026, down 21.2% over 15 months. Trending in sellers' favour.

    Median days on market by month
    MonthMedian days on market
    Jul 202566 days
    Aug 202546 days
    Sep 202570 days
    Oct 202544 days
    Nov 202536 days
    Dec 202545 days
    Jan 202678 days
    Feb 202654 days
    Mar 202690 days
    Apr 202641 days
    May 202634 days
    Jun 202643 days
    Jul 202678 days
    Aug 202658 days
    Sep 202652 days
    Oct 2026too few sales to report

    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

    6.3% in Jul 2025 to 13.3% in Sep 2026, up 113.3% over 15 months. Trending in sellers' favour.

    Share of sales closing above asking by month
    MonthShare of sales closing above asking
    Jul 20256.3%
    Aug 20256.4%
    Sep 20250.0%
    Oct 202513.3%
    Nov 20254.2%
    Dec 20259.1%
    Jan 20265.6%
    Feb 20263.3%
    Mar 20262.8%
    Apr 20269.1%
    May 20260.0%
    Jun 20264.9%
    Jul 20260.0%
    Aug 202616.7%
    Sep 202613.3%
    Oct 2026too few sales to report

    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

    56.3% in Jul 2025 to 36.7% in Sep 2026, down 34.8% over 15 months. Trending in sellers' favour.

    Share of sellers who cut their price by month
    MonthShare of sellers who cut their price
    Jul 202556.3%
    Aug 202538.3%
    Sep 202556.0%
    Oct 202542.2%
    Nov 202537.5%
    Dec 202545.5%
    Jan 202644.4%
    Feb 202633.3%
    Mar 202661.1%
    Apr 202639.4%
    May 202630.0%
    Jun 202636.6%
    Jul 202646.9%
    Aug 202643.3%
    Sep 202636.7%
    Oct 2026too few sales to report

    One month is left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Homes sold

    32 in Jul 2025 to 8 in Oct 2026, down 75% over 16 months.

    Homes sold by month
    MonthHomes sold
    Jul 202532
    Aug 202547
    Sep 202525
    Oct 202545
    Nov 202524
    Dec 202533
    Jan 202618
    Feb 202630
    Mar 202636
    Apr 202633
    May 202630
    Jun 202641
    Jul 202632
    Aug 202630
    Sep 202630
    Oct 20268

    Buying in North Miami?

    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 North Miami 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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