MEDIAN SALE PRICE
$523K
▲ 16.6% YoY
MEDIAN $/SF
$358
▼ 3.0% YTD
ACTIVE INVENTORY
31
for sale
SOLD VS. ORIGINAL ASK
98.1%
NEW100.0% of final list
DAYS TO CONTRACT
45
NEW84 to close
MARKET PULSE
0.48
Balanced
Price cuts (trailing 30d): 10 · 32.3% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
opa-locka
BALANCED MARKET
Today 0.48 · Miami-Dade County 0.27
MARKET SUMMARY · 12 MONTHS
| Median sale price | $523K | |
| Median $/SF | $358 | |
| Median days on market | 72 | |
| Total sales (12mo) | 74 | |
| New listings (12mo) | 114 | |
| Sold ÷ original ask NEW | 98.1% | |
| Sold ÷ final list price NEW | 100.0% | |
| Sold below original ask NEW | 66% | |
| Median days to contract NEW | 45 | |
| Median days to close NEW | 84 | |
| How buyers paid NEW | 10% cash · 91% fin. · 0% n/d | |
| Months of supply | — | 5.0 |
| Sale-to-just-value ALL HOMES | — | 1.24× |
| Owner-occupied ALL HOMES | — | 57.1% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| Under $1M | $470K | 11 | 2 | BUILDING 5.5:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW45
days, listing → contract
37
days, contract → closing
84
days, listing → closing
How long single-family homes took to go under contract
Medians of 74 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW10%
cash share of disclosed sales
Financing reported on 100% of sales (74 of 74).
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. 74 closed sales of single-family homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is single-family homes
57.1%
Owner-occupied (homestead)
1.24×
Sale-to-just-value ratio
24.4%
Homes sold, 10-yr
-3.0%
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 single-family homes · separate from the for-sale figures above
$2,675/mo
Median asking rent
8
Active rentals
2
New listings (30d)
42
Median days on market
FREQUENTLY ASKED · OPA-LOCKA
How much do single-family homes cost in Opa-Locka?
The median sale price in Opa-Locka is $523K over the trailing 90 days, and the median list price is $469,999.
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 0.48; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many single-family homes are for sale in Opa-Locka?
There are 31 active for-sale listings of single-family homes in Opa-Locka as of snapshot 2026-W45, updated weekly.
How long do single-family homes take to sell in Opa-Locka?
Single-family homes in Opa-Locka spend a median of 72 days on market.
What is the price per square foot in Opa-Locka?
The median list price per square foot in Opa-Locka is $358.
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 single-family home prices in Opa-Locka rising or falling?
The median sale price in Opa-Locka is $523K, up 16.6% year over year and the median price per square foot is down 3.5%. 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.