Market Report

Market Report

North Miami, FL

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% of Asking Price
All Property Types
91%
May 2026
4.3%
since
What kind of market is it?
Buyer's Market
Seller Market
12.0 Months of Supply
What's this mean?

Buyer's Market: More than 6 months of inventory based on closed sales

Seller's Market: Less than 3 months of inventory based on closed sales

Neutral's Market: 3-6 months of inventory based on closed sales

Buyer Market
May 2026
60.4%
since
Avg. Days on Market
All Property Types
83 Days
May 2026
3.3%
since
Monthly Inventory
Number of listings on the market at
any point during May of 2026
553 Properties
524 Single Family
0 Land/Farm
343 Condo
May 2026
217.8%
since
North Miami / May 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
41 Homes
May 2026
64%
since
North Miami / May 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
89 Homes
May 2026
111.9%
since
North Miami / May 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
192 Homes
Jan 2026 - May 2026
174.3%
since
Average Sales Price
All Property Types
$934K Median Price - $415K
May 2026
13.5%
since
Average Price / SqFt
All Property Types
$428 / SqFt
May 2026
5.7%
since

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