Miami, FL Real Estate & Property Data

Miami Real Estate Market Trends
Last Updated: September 20, 2025

To gain insights into Miami, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Miami real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 21,839 residential properties have been sold in Miami, FL over the past year, with a median home price of $675,000. Additionally, 46.1% of homes in Miami are equity rich, while 0.45% of homes are seriously underwater. There have been 274 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Miami, Florida, you can rely on ATTOM, your go-to source for Miami property reports and real estate data.

Miami Real Estate Market Trends
Total Residential Properties 536,061
Total Commercial Properties 27,702
Avg. Home Age (Single Family Home) 54 Years
Avg. Square Feet (Single Family Home) 1,904
Total 2025 Residential Sales (year-to-date) 11,398
% of Homes Seriously Underwater (Q3 2025) 0.45%
Total 2024 Residential Sales 20,794
% of Equity Rich Homes (Q3 2025) 46.1%
Effective 2024 Property Tax 0.95%
Total Foreclosure Filings (year-to-date) 1,625
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Miami, FL Real Estate Overview

Miami, FL saw 21,839 residential properties being sold in the past year, with a median home value of $552,004. The city of Miami has a total of 536,061 residential properties, spread across 12860 streets and 57 zip codes.

Median Sales Price i
$675,000
(Jul 2025)
+0.7%
year-over-year
y-o-y
  • July '25 Jul '25 $675,000
  • June '25 Jun '25 $705,500
  • May '25 May '25 $675,000
  • April '25 Apr '25 $678,000
  • March '25 Mar '25 $675,000
  • February '25 Feb '25 $672,500
  • January '25 Jan '25 $650,000
  • December '24 Dec '24 $720,000
  • November '24 Nov '24 $686,422
  • October '24 Oct '24 $674,000
  • September '24 Sep '24 $674,500
  • August '24 Aug '24 $665,000
Median Down Payment i
$95,750
(Jul 2025)
-18.2%
year-over-year
y-o-y
  • July '25 Jul '25 $95,750
  • June '25 Jun '25 $118,510
  • May '25 May '25 $84,600
  • April '25 Apr '25 $91,500
  • March '25 Mar '25 $111,800
  • February '25 Feb '25 $120,000
  • January '25 Jan '25 $101,250
  • December '24 Dec '24 $125,000
  • November '24 Nov '24 $120,000
  • October '24 Oct '24 $107,000
  • September '24 Sep '24 $126,000
  • August '24 Aug '24 $131,250
Number of Homes Sold i
1,969
(Jul 2025)
+4.2%
year-over-year
y-o-y
  • July '25 Jul '25 1,969
  • June '25 Jun '25 1,628
  • May '25 May '25 1,703
  • April '25 Apr '25 1,702
  • March '25 Mar '25 1,641
  • February '25 Feb '25 1,150
  • January '25 Jan '25 1,605
  • December '24 Dec '24 1,602
  • November '24 Nov '24 1,596
  • October '24 Oct '24 1,512
  • September '24 Sep '24 1,536
  • August '24 Aug '24 2,306
Number of Purchase Loans i
1,239
(Jul 2025)
+9.6%
year-over-year
y-o-y
  • July '25 Jul '25 1,239
  • June '25 Jun '25 997
  • May '25 May '25 1,127
  • April '25 Apr '25 1,135
  • March '25 Mar '25 1,026
  • February '25 Feb '25 733
  • January '25 Jan '25 977
  • December '24 Dec '24 1,043
  • November '24 Nov '24 1,095
  • October '24 Oct '24 1,023
  • September '24 Sep '24 1,044
  • August '24 Aug '24 1,538
Number of REFI Loans i
905
(Jul 2025)
+42.3%
year-over-year
y-o-y
  • July '25 Jul '25 905
  • June '25 Jun '25 815
  • May '25 May '25 874
  • April '25 Apr '25 833
  • March '25 Mar '25 869
  • February '25 Feb '25 640
  • January '25 Jan '25 972
  • December '24 Dec '24 729
  • November '24 Nov '24 794
  • October '24 Oct '24 725
  • September '24 Sep '24 669
  • August '24 Aug '24 804
Number of HELOC Loans i
530
(Jul 2025)
+30.9%
year-over-year
y-o-y
  • July '25 Jul '25 530
  • June '25 Jun '25 457
  • May '25 May '25 442
  • April '25 Apr '25 432
  • March '25 Mar '25 370
  • February '25 Feb '25 330
  • January '25 Jan '25 477
  • December '24 Dec '24 343
  • November '24 Nov '24 365
  • October '24 Oct '24 389
  • September '24 Sep '24 357
  • August '24 Aug '24 456

Miami, FL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Miami, FL Foreclosure Activity

There were a total of 274 Miami, FL properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 210 Miami, FL properties and repossessed 6 Miami, FL properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i
274
(Jul 2025)
+29.9%
year-over-year
y-o-y
  • July '25 Jul '25 274
  • June '25 Jun '25 231
  • May '25 May '25 208
  • April '25 Apr '25 242
  • March '25 Mar '25 231
  • February '25 Feb '25 184
  • January '25 Jan '25 255
  • December '24 Dec '24 192
  • November '24 Nov '24 220
  • October '24 Oct '24 325
  • September '24 Sep '24 175
  • August '24 Aug '24 264
Foreclosure Starts i
210
(Jul 2025)
+25.7%
year-over-year
y-o-y
  • July '25 Jul '25 210
  • June '25 Jun '25 177
  • May '25 May '25 145
  • April '25 Apr '25 183
  • March '25 Mar '25 157
  • February '25 Feb '25 139
  • January '25 Jan '25 165
  • December '24 Dec '24 152
  • November '24 Nov '24 163
  • October '24 Oct '24 235
  • September '24 Sep '24 122
  • August '24 Aug '24 190
Completed Foreclosures (REOs) i
6
(Jul 2025)
+100%
year-over-year
y-o-y
  • July '25 Jul '25 6
  • June '25 Jun '25 5
  • May '25 May '25 14
  • April '25 Apr '25 3
  • March '25 Mar '25 8
  • February '25 Feb '25 7
  • January '25 Jan '25 6
  • December '24 Dec '24 11
  • November '24 Nov '24 10
  • October '24 Oct '24 8
  • September '24 Sep '24 12
  • August '24 Aug '24 9
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