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Overtown · Condos & townhomes

8 active condos and townhomes listings · updated nightly · snapshot 2026-W45

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ALERTS

Price drops — daily

New listings — weekly

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MEDIAN SALE PRICE

$250K

▼ 20.1% YoY

MEDIAN $/SF

$274

▼ 19.9% YoY

ACTIVE INVENTORY

8

for sale

SOLD VS. ORIGINAL ASK

91.3%

NEW95.4% of final list

DAYS TO CONTRACT

44

NEW85 to close

MARKET PULSE

0.25

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 0.25

BUYER'S ADVANTAGE

Today 0.25 · Miami 0.13

READ NEXT
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SELLERS
Why Your Condo Isn't Selling: The Honest Diagnosis

MARKET SUMMARY · 12 MONTHS

Median sale price$250K
Median $/SF$274
Median days on market143
Total sales (12mo)12
New listings (12mo)18
Sold ÷ original ask NEW91.3%
Sold ÷ final list price NEW95.4%
Sold below original ask NEW92%
Median days to contract NEW44
Median days to close NEW85
How buyers paid NEW67% cash · 33% fin. · 0% n/d
Months of supply—8.0
Sale-to-just-value ALL HOMES COUNTY—1.28×
Owner-occupied ALL HOMES 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 44Closed · day 85

44

days, listing → contract

31

days, contract → closing

85

days, listing → closing

How long condos and townhomes took to go under contract

0–30 days33% · 4
31–90 days25% · 3
91–180 days33% · 4
181+ days8% · 1

Medians of 12 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

HOW BUYERS PAID

NEW
Cash 67% · 8 salesFinanced 33% · 4 salesNot disclosed 0% · 0 sales

67%

cash share of disclosed sales

Financing reported on 100% of sales (12 of 12).

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. 12 closed sales of condos and townhomes, Nov 2025 – Oct 2026.

WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is condos and townhomes

56.8%

Owner-occupied (homestead) COUNTY

1.28×

Sale-to-just-value ratio COUNTY

37.8%

Homes sold, 10-yr COUNTY

-2.8%

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.

FREQUENTLY ASKED · OVERTOWN

How much do condos and townhomes cost in Overtown?

The median sale price in Overtown is $250K over the trailing 90 days, and the median list price is $292,500.

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 0.25; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many condos and townhomes are for sale in Overtown?

There are 8 active for-sale listings of condos and townhomes in Overtown as of snapshot 2026-W45, updated weekly.

How long do condos and townhomes take to sell in Overtown?

Condos and townhomes 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.

Are condo and townhome prices in Overtown rising or falling?

The median sale price in Overtown is $250K, down 20.1% year over year and the median price per square foot is down 19.9%. Figures compare the trailing 90 days to the same period a year earlier.

How much housing inventory does Overtown have?

Overtown has about 8.0 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.