Is Miami, FL 33168 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Miami is a seller’s market. With about 3.6 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.6Under 4 months = seller’s market
Sold above original list14.7%Share of sales, last 3 months
Median sale-to-list95.6%Sold price ÷ list price
Median days on market78Listing to accepted offer
Median price per sq ft$376▼ −3.9% vs. last year

Nearby markets

Hialeah 33010Balanced $306 /sq ftHialeah 33012Buyer’s market $336 /sq ftHialeah 33013Balanced $345 /sq ftHialeah 33014Balanced $327 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology