MEDIAN SALE PRICE
$499K
▲ 11.4% YoY
MEDIAN $/SF
$346
▲ 11.1% YTD
ACTIVE INVENTORY
34
for sale
SOLD VS. ORIGINAL ASK
97.5%
NEW100.0% of final list
DAYS TO CONTRACT
44
NEW82 to close
MARKET PULSE
0.5
Slight seller's
Price cuts (trailing 30d): 10 · 29.4% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
opa-locka
BALANCED MARKET
Today 0.5 · Miami-Dade County 0.17
MARKET SUMMARY · 12 MONTHS
| Median sale price | $499K | |
| Median $/SF | $346 | |
| Median days on market | 77 | |
| Total sales (12mo) | 82 | |
| New listings (12mo) | 127 | |
| Sold ÷ original ask NEW | 97.5% | |
| Sold ÷ final list price NEW | 100.0% | |
| Sold below original ask NEW | 70% | |
| Median days to contract NEW | 44 | |
| Median days to close NEW | 82 | |
| How buyers paid NEW | 15% cash · 85% fin. · 0% n/d | |
| Months of supply | — | 5.0 |
| Sale-to-just-value | — | 1.24× |
| Owner-occupied | — | 57.1% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| Under $1M | $450K | 12 | 2 | BUILDING 6.0:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW44
days, listing → contract
36
days, contract → closing
82
days, listing → closing
| Condos & townhomes · 8 | 31 days to contract · 52 to close · 95.4% of original ask |
| Single-family · 74 | 45 days to contract · 84 to close · 98.1% of original ask |
How long homes took to go under contract
Medians of 82 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW15%
cash share of disclosed sales
Financing reported on 100% of sales (82 of 82).
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. 82 closed sales of homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
57.1%
Owner-occupied (homestead)
1.24×
Sale-to-just-value ratio
24.4%
Homes sold, 10-yr
+11.1%
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.
TOP NBHDS · MEDIAN PRICE
| Opa Locka | $553K |
| Magnolia Gardens Consolid | $450K |
FASTEST SELLING · DOM
| Magnolia Gardens Consolid | 58 |
| Opa Locka | 77 |
NBHDS PERFORMANCE · $/SF
| Opa Locka | $413 |
| Magnolia Gardens Consolid | $412 |
RENTAL MARKET for-lease · separate from the for-sale figures above
$2,000/mo
Median asking rent
33
Active rentals
6
New listings (30d)
51
Median days on market
MARKET NARRATIVE
The for-sale market in Opa-Locka, Miami-Dade County, is carrying 34 active listings this week at a median list price of $450,000. Fresh supply arrived over the past month — 12 new listings — against 17 pending sales, putting the market pulse at 0.5, a balanced market. Homes are taking a median of 77 days on market. For context, Miami-Dade County runs at a 0.17 pulse. If pending demand holds near this level, sellers keep the upper hand.
Generated from this week's snapshot · every figure cited appears on this page
FREQUENTLY ASKED · OPA-LOCKA
How much do homes cost in Opa-Locka?
The median sale price in Opa-Locka is $499K over the trailing 90 days, and the median list price is $450,000.
Is Opa-Locka a buyer's or seller's market?
Opa-Locka is currently a balanced market. Its market pulse — pending sales divided by active listings — is 0.50; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in Opa-Locka?
There are 34 active for-sale listings in Opa-Locka as of snapshot 2026-W45, updated weekly.
How long do homes take to sell in Opa-Locka?
Homes in Opa-Locka spend a median of 77 days on market.
What is the price per square foot in Opa-Locka?
The median list price per square foot in Opa-Locka is $346.
What share of Opa-Locka homes are owner-occupied?
About 57.1% of homes in Opa-Locka are owner-occupied (homestead), per public property records.
How often do homes sell in Opa-Locka?
About 24.4% of homes in Opa-Locka have changed hands over the past decade — roughly 2.4% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in Opa-Locka?
Homeownership in Opa-Locka skews long-term: only about 24% of homes had a qualified sale in the past decade, so roughly 76% of owners have held 10+ years, per public deed records.
Are home prices in Opa-Locka rising or falling?
The median sale price in Opa-Locka is $499K, up 11.4% year over year and the median price per square foot is down 6.7%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Opa-Locka have?
Opa-Locka has about 5.0 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.