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North Miami

394 active listings · updated nightly · snapshot 2026-W45

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ALERTS

Price drops — daily

New listings — weekly

SAVE A MARKET

MEDIAN SALE PRICE

$445K

▼ 1.1% YoY

MEDIAN $/SF

$306

▼ 0.3% YTD

ACTIVE INVENTORY

394

for sale

SOLD VS. ORIGINAL ASK

92.0%

NEW94.6% of final list

DAYS TO CONTRACT

53

NEW94 to close

MARKET PULSE

0.14

Buyer's market

Price cuts (trailing 30d): 68 · 17.3% of active · maturing to a full 30-day share

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$550K$455K$360K$435KNovJan '26MarMayJulSep

MARKET PULSE

north-miami

Buyer'smarket Seller'smarket 01.0 0.14

BUYER'S ADVANTAGE

Today 0.14 · Miami-Dade County 0.17

MARKET SUMMARY · 12 MONTHS

Median sale price$445K
Median $/SF$306
Median days on market95
Total sales (12mo)356
New listings (12mo)854
Sold ÷ original ask NEW92.0%
Sold ÷ final list price NEW94.6%
Sold below original ask NEW86%
Median days to contract NEW53
Median days to close NEW94
How buyers paid NEW46% cash · 49% fin. · 5% n/d
Months of supply—13.3
Sale-to-just-value—1.28×
Owner-occupied—56.3%

TIER HEALTH · NEW VS. ABSORBED

TIERMEDIANNEWABS.BALANCE
$5M+$7.6M7—BUILDING
$2–5M$2.97M83BUILDING 2.7:1
$1–2M$1.5M8—BUILDING
Under $1M$260K5721BUILDING 2.7:1

Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.

TIME TO SELL · LISTING TO CLOSING

NEW
Listed · day 0Under contract · day 53Closed · day 94

53

days, listing → contract

35

days, contract → closing

94

days, listing → closing

Condos & townhomes · 13063 days to contract · 104 to close · 90.6% of original ask
Single-family · 22444 days to contract · 88 to close · 92.7% of original ask

How long homes took to go under contract

0–30 days32% · 113
31–90 days34% · 121
91–180 days22% · 77
181+ days12% · 43

Medians of 354 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

HOW BUYERS PAID

NEW
Cash 46% · 164 salesFinanced 49% · 174 salesNot disclosed 5% · 16 sales
Condos & townhomes · 13063% · 33% · 4%
Single-family · 22437% · 59% · 5%

49%

cash share of disclosed sales

MayJunJulAugSepOct

Financing reported on 95% of sales (338 of 354).

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. 354 closed sales of homes, Nov 2025 – Oct 2026.

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

56.3%

Owner-occupied (homestead)

1.28×

Sale-to-just-value ratio

33.5%

Homes sold, 10-yr

-0.3%

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.

RENTAL MARKET for-lease · separate from the for-sale figures above

$2,500/mo

Median asking rent

319

Active rentals

104

New listings (30d)

52

Median days on market

MARKET NARRATIVE

The for-sale market in North Miami, Miami-Dade County, is carrying 394 active listings this week at a median list price of $357,500. Fresh supply arrived over the past month — 80 new listings — against 56 pending sales, putting the market pulse at 0.14, a buyer's market. Homes are taking a median of 93 days on market. For context, Miami-Dade County runs at a 0.17 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 · NORTH MIAMI

How much do homes cost in North Miami?

The median sale price in North Miami is $445K over the trailing 90 days, and the median list price is $357,500.

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

North Miami 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 North Miami?

There are 394 active for-sale listings in North Miami as of snapshot 2026-W45, updated weekly.

How long do homes take to sell in North Miami?

Homes in North Miami spend a median of 95 days on market.

What is the price per square foot in North Miami?

The median list price per square foot in North Miami is $306.

What share of North Miami homes are owner-occupied?

About 56.3% of homes in North Miami are owner-occupied (homestead), per public property records.

How often do homes sell in North Miami?

About 33.5% of homes in North Miami have changed hands over the past decade — roughly 3.4% per year — based on qualified arm's-length sales in public deed records.

How long do homeowners typically own in North Miami?

Homeownership in North Miami skews long-term: only about 34% of homes had a qualified sale in the past decade, so roughly 67% of owners have held 10+ years, per public deed records.

Are home prices in North Miami rising or falling?

The median sale price in North Miami is $445K, down 1.1% year over year and the median price per square foot is down 13.3%. Figures compare the trailing 90 days to the same period a year earlier.

How much housing inventory does North Miami have?

North Miami has about 13.3 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.