Market reports › FL

Miami, FL housing market: September 2026

What's happening in the Miami market right now.

$583,705
Typical home value
+1.4% in a year
+40.1%
Home values, 5 years
$2,965/mo
Typical rent
+1.4% in a year
$589,000
Median list price · Miami-Dade County
−1.3% in a year
17,010
Homes for sale · Miami-Dade County
−7.9% in a year
87 days
Median days on market · Miami-Dade County
12.9%
Listings with a price cut
16.4
Price-to-rent ratio
$400K $600K 201620182020202220242026

Buyer's or seller's market?

Miami, FL leans toward a buyer's market: homes in Miami-Dade County take a median of 87 days to sell, and the number for sale is −7.9% on a year ago. Buyers have room to negotiate; sellers should price carefully.

12-month outlook

−1% to +3.5% for the typical Miami home value over the next 12 months.

A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.

Sources: Zillow Home Value Index, September 2026 · Zillow Observed Rent Index, September 2026 · Realtor.com county data, September 2026. Listing figures are for Miami-Dade County as a whole.

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Miami market — questions answered

What is the typical home value in Miami, FL?

$583,705 as of September 2026, +1.4% on a year earlier (Zillow Home Value Index).

Are home prices going up in Miami, FL?

Yes — the typical home value changed +1.4% over the year to September 2026 and +40.1% over five years.

Is Miami, FL a buyer's or seller's market?

It leans toward buyers: the median home in Miami-Dade County sells in 87 days (Realtor.com, September 2026).

How much is rent in Miami, FL?

The typical rent is $2,965 a month as of September 2026, +1.4% on a year earlier (Zillow Observed Rent Index).

How many homes are for sale in Miami, FL?

17,010 homes were listed for sale across Miami-Dade County in September 2026 (Realtor.com).

Who are the best real estate agents in Miami, FL?

Homegrity lists 25,527 licensed agents in Miami, each license verified against the state register. Placement is never bought. See them at /real-estate-agents/miami.

Nearby FL markets

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