MONEY GLOBE XMiami, FL housing market: home values, sales and rents
The typical home value in the Miami, FL metro area was $476,815 in September 2026, up 0.3% over a year and up 29.0% over five years. Across the United States the typical value was $366,157 (up 1.2% over a year). Homes sold at 96.7% of their asking price, with 6.7 months of supply on the market. Typical rent was $2,654 a month. Our simple reading of these numbers: buyer's market leaning.
Updated November 04, 2026.
Reading: Buyer's market leaning
The numbers
| Measure | Latest | 1-year change | As of |
|---|---|---|---|
| Typical home value | $476,815 | +0.3% | September 2026 |
| Typical value — lower-priced third | $254,685 | -2.1% | September 2026 |
| Typical value — higher-priced third | $916,864 | +3.0% | September 2026 |
| Median sale price | $485,000 | +5.2% | August 2026 |
| Median list price | $464,990 | -3.1% | September 2026 |
| Sale price vs asking price | 96.7% | +0.4 pts | August 2026 |
| Homes sold above asking | 9% | +1.3 pts | August 2026 |
| Homes sold (month) | 6,906 | -2.5% | September 2026 |
| New listings (month) | 8,624 | -1.1% | September 2026 |
| Homes for sale | 46,399 | -13.9% | September 2026 |
| Months of supply | 6.7 months | -0.9 | September 2026 |
| Sales-to-new-listings ratio | 80% | -1.1 pts | September 2026 |
| Days to an accepted offer (median) | 50 days | -18.0 | September 2026 |
| Typical rent (all homes) | $2,654 | +1.8% | September 2026 |
| Zillow market heat index buyer's market on Zillow's scale (0–100) | 43 | +12.0 | September 2026 |
Typical home value (Zillow Home Value Index)
What the numbers say
- Zillow market heat index 43 of 100: buyer's market on Zillow's scale (0–100).
- 6.7 months of supply: plenty of choice for buyers.
- The typical home sells 3.3% below its asking price: room to negotiate.
- Homes sold equal 80% of new listings this month, slower than this city's usual pace (91% on average since 2018).
- Typical home value up 0.3% over a year.
Source: Zillow Research (zillow.com/research/data).
Metro-area statistics from Zillow Research. The sales-to-new-listings ratio and months of supply are calculated by Money Globe X from Zillow's counts of homes sold, new listings and homes for sale.
Statistics for information and education only — not real estate, financial or investment advice. Figures are monthly or yearly averages for a whole metro area; a single home or neighbourhood can differ a lot.
Nearby: other places in FL
See every number, the price chart and download the PDF report in Money Globe X
Money Globe X opens soon. Free members get the live market board, the Market Screener and News & Global Markets. Join the waitlist for free lessons now and your invitation at launch.
Updated November 04, 2026. Sources: Zillow Research. Educational information only - not financial advice.