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Overtown

9 active listings · updated nightly · snapshot 2026-W45

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ALERTS

Price drops — daily

New listings — weekly

SAVE A MARKET

MEDIAN SALE PRICE

$250K

trailing 90d

MEDIAN $/SF

$274

▼ 25.7% YoY

ACTIVE INVENTORY

9

for sale

SOLD VS. ORIGINAL ASK

91.2%

NEW95.4% of final list

DAYS TO CONTRACT

49

NEW90 to close

MARKET PULSE

0.33

Buyer's market

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$383K$192K$0$250KNovJan '26MarMayJulSep

MARKET PULSE

overtown

Buyer'smarket Seller'smarket 01.0 0.33

BUYER'S ADVANTAGE

Today 0.33 · Miami 0.17

MARKET SUMMARY · 12 MONTHS

Median sale price$250K
Median $/SF$274
Median days on market143
Total sales (12mo)13
New listings (12mo)20
Sold ÷ original ask NEW91.2%
Sold ÷ final list price NEW95.4%
Sold below original ask NEW92%
Median days to contract NEW49
Median days to close NEW90
How buyers paid NEW62% cash · 39% fin. · 0% n/d
Months of supply—8.3
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 49Closed · day 90

49

days, listing → contract

30

days, contract → closing

90

days, listing → closing

Condos & townhomes · 1244 days to contract · 85 to close · 91.3% of original ask

How long homes took to go under contract

0–30 days31% · 4
31–90 days23% · 3
91–180 days38% · 5
181+ days8% · 1

Medians of 13 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

HOW BUYERS PAID

NEW
Cash 62% · 8 salesFinanced 39% · 5 salesNot disclosed 0% · 0 sales
Condos & townhomes · 1267% · 33% · 0%

62%

cash share of disclosed sales

Financing reported on 100% of sales (13 of 13).

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. 13 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

+0.9%

Appreciation YTD · $/SF COUNTY 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 Overtown, Miami, is carrying 9 active listings this week at a median list price of $294,999. Fresh supply arrived over the past month — 2 new listings — against 3 pending sales, putting the market pulse at 0.33, a buyer's market. Homes are taking a median of 143 days on market. For context, Miami 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 · OVERTOWN

How much do homes cost in Overtown?

The median sale price in Overtown is $250K over the trailing 90 days, and the median list price is $294,999.

Is Overtown a buyer's or seller's market?

Overtown is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.33; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in Overtown?

There are 9 active for-sale listings in Overtown as of snapshot 2026-W45, updated weekly.

How long do homes take to sell in Overtown?

Homes in Overtown spend a median of 143 days on market.

What is the price per square foot in Overtown?

The median list price per square foot in Overtown is $274.

What share of Overtown 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 Overtown?

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 Overtown?

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.

How much housing inventory does Overtown have?

Overtown has about 8.3 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.