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Miami

Why you'd want to live in Miami

Living in Miami offers a vibrant and dynamic lifestyle, with a blend of diverse cultures, a bustling nightlife, and world-renowned beaches. As the heart of Florida's international appeal, Miami is a hub for art, fashion, and cuisine. Whether you enjoy the excitement of South Beach, the cultural richness of Little Havana, or the luxury of neighborhoods like Brickell and Coconut Grove, there’s something for everyone. With its year-round warm weather and strong economic sectors like finance, tourism, and tech, Miami presents ample opportunities for both career growth and leisure.

Miami Market Report

$1,277,105

AVERAGE PRICE OF 10,514 HOMES

$675,622

AVERAGE PRICE OF 101 DISTRESSED HOMES

$3,247,763

AVERAGE PRICE OF 2,905 MULTI-MILLION DOLLAR HOMES

$2,719,012

AVERAGE PRICE OF 826 NEWLY BUILT HOMES

$2,315,179

AVERAGE PRICE OF 1,474 HOMES WITH A POOL

$907,244

AVERAGE PRICE OF 435 REDUCED PRICE HOMES

Average Home

Average Price $1,277,105
Avg Bedrooms 2.18 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $481,549
2 bedrooms $681,923
3 bedrooms $1,047,567
4 bedrooms $1,608,262
5 bedrooms $2,670,939
Miami Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 10,053 9,186 9,342 9,259 9,094
Average Price $1,294,486 $1,336,183 $1,347,139 $1,303,598 $1,272,516
Avg Price Change -3.22% -0.82% +3.34% +2.44% -0.62%
Median Price $662,028 $672,328 $675,000 $675,000 $673,626
Med Price Change -1.56% -0.40% 0.00% +0.20% +0.79%
Avg Bedrooms 2.18 beds 2.16 beds 2.13 beds 2.14 beds 2.16 beds
Avg Bathrooms 2.06 baths 2.04 baths 2.01 baths 2.01 baths 2.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 283 $1,013,963 110 days
Total Homes Average Price Avg Days on Site
All Homes 10,514 $1,277,105 120 days
Distressed Homes 101 $675,622 85 days
Multi-Million Dollar Homes 2,905 $3,247,763 147 days
Newly Built Homes 826 $2,719,012 126 days
Homes with a Pool 1,474 $2,315,179 105 days
Reduced Price Homes 435 $907,244 89 days
My Realty Group LLC
PR-Biz Homes Group
7791 Northwest 46th Street
Doral, FL 33166
305-922-5281
786-768-4297

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare ©2025 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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