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Miami Lakes

22 active listings · updated nightly · snapshot 2026-W45

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ALERTS

Price drops — daily

New listings — weekly

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MEDIAN SALE PRICE

$480K

▼ 11.1% YoY

MEDIAN $/SF

$316

▼ 12.1% YTD

ACTIVE INVENTORY

22

for sale

SOLD VS. ORIGINAL ASK

93.7%

NEW95.8% of final list

DAYS TO CONTRACT

69

NEW99 to close

MARKET PULSE

0.14

Buyer's market

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$840K$420K$0$475KNovJan '26MarMayJulSep

MARKET PULSE

miami-lakes-miami-dade

Buyer'smarket Seller'smarket 01.0 0.14

BUYER'S ADVANTAGE

Today 0.14 · Miami Lakes 0.24

MARKET SUMMARY · 12 MONTHS

Median sale price$480K
Median $/SF$316
Median days on market149
Total sales (12mo)39
New listings (12mo)61
Sold ÷ original ask NEW93.7%
Sold ÷ final list price NEW95.8%
Sold below original ask NEW89%
Median days to contract NEW69
Median days to close NEW99
How buyers paid NEW23% cash · 72% fin. · 5% n/d
Months of supply—6.8
Sale-to-just-value COUNTY—1.28×
Owner-occupied COUNTY—56.8%

TIER HEALTH

Price-tier breakdown is published only for markets with 30+ active for-sale listings, so each tier's median clears the min-sample threshold (§2.2b · §7.4). This market reports at the summary level above.

TIME TO SELL · LISTING TO CLOSING

NEW
Listed · day 0Under contract · day 69Closed · day 99

69

days, listing → contract

31

days, contract → closing

99

days, listing → closing

Condos & townhomes · 3059 days to contract · 92 to close · 94.7% of original ask
Single-family · 9106 days to contract · 128 to close · 84.4% of original ask

How long homes took to go under contract

0–30 days15% · 6
31–90 days46% · 18
91–180 days31% · 12
181+ days8% · 3

Medians of 39 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

HOW BUYERS PAID

NEW
Cash 23% · 9 salesFinanced 72% · 28 salesNot disclosed 5% · 2 sales
Condos & townhomes · 3030% · 63% · 7%

24%

cash share of disclosed sales

JulAugSepOct

Financing reported on 95% of sales (37 of 39).

Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 39 closed sales of homes, Nov 2025 – Oct 2026.

WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS

56.8%

Owner-occupied (homestead) COUNTY

1.28×

Sale-to-just-value ratio COUNTY

37.8%

Homes sold, 10-yr COUNTY

-12.1%

Appreciation YTD · $/SF CLOSED SALES

Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.

MARKET NARRATIVE

The for-sale market in Miami Lakes, Miami Lakes, is carrying 22 active listings this week at a median list price of $487,500. Fresh supply arrived over the past month — 6 new listings — against 3 pending sales, putting the market pulse at 0.14, a buyer's market. Homes are taking a median of 132 days on market. For context, Miami Lakes runs at a 0.24 pulse. If inventory keeps outpacing contracts, buyers gain room to negotiate.

Generated from this week's snapshot · every figure cited appears on this page

FREQUENTLY ASKED · MIAMI LAKES

How much do homes cost in Miami Lakes?

The median sale price in Miami Lakes is $480K over the trailing 90 days, and the median list price is $487,500.

Is Miami Lakes a buyer's or seller's market?

Miami Lakes is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.14; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in Miami Lakes?

There are 22 active for-sale listings in Miami Lakes as of snapshot 2026-W45, updated weekly.

How long do homes take to sell in Miami Lakes?

Homes in Miami Lakes spend a median of 149 days on market.

What is the price per square foot in Miami Lakes?

The median list price per square foot in Miami Lakes is $316.

What share of Miami Lakes homes are owner-occupied?

About 56.8% of homes in surrounding Miami-Dade County are owner-occupied (homestead), per public property records — the county-level figure is shown because homestead data isn't published at the neighborhood level.

How often do homes sell in Miami Lakes?

About 37.8% of homes in surrounding Miami-Dade County have changed hands over the past decade — roughly 3.8% per year — based on qualified arm's-length sales in public deed records. The county figure is shown because deed-level turnover isn't computed at the neighborhood level.

How long do homeowners typically own in Miami Lakes?

Homeownership in Miami-Dade County skews long-term: only about 38% of homes had a qualified sale in the past decade, so roughly 62% of owners have held 10+ years, per public deed records.

Are home prices in Miami Lakes rising or falling?

The median sale price in Miami Lakes is $480K, down 11.1% year over year and the median price per square foot is down 10.5%. Figures compare the trailing 90 days to the same period a year earlier.

How much housing inventory does Miami Lakes have?

Miami Lakes has about 6.8 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.

Every figure above appears elsewhere on this page · snapshot 2026-W45.