Updated June 2026 · Redfin
Miami Real Estate Market Update, June 2026
Here are the latest housing market numbers for Miami, FL, for June 2026, from the Redfin Data Center. Median sale price, days on market, inventory and more, with month-over-month and year-over-year change.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $645K | ▲ +0.6% | ▲ +4.2% |
| Days on market | 72 | ▼ -1.1% | ▼ -10.1% |
| Homes for sale | 14,200 | ▼ -0.8% | ▼ -11.1% |
| Sale-to-list | 95.8% | ▲ +0.2% | ▲ +1.5% |
| Months of supply | 6.4 | ▼ -0.9% | ▼ -8.4% |
| Homes sold | 1,820 | ▲ +0.8% | ▲ +3.8% |
Figures from Redfin Data Center. Verify against your MLS before posting.
What the Miami numbers say
Prices in Miami are still rising. The median sale price reached $645,000, up 4.2% year over year. The market has loosened: a typical listing now takes around 72 days to go under contract, with sellers getting 95.8% of list price.
With 14,200 homes for sale and 6.4 months of supply, Miami is currently a buyer's market.
What this means if you sell in Miami
Use these figures to set expectations early. Lead a listing appointment with the median price and the 72-day pace, show the year-over-year direction, and frame Miami as a buyer's market. Buyers and sellers trust an agent who knows the numbers cold — and posts them every month.
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Build the Miami post →Frequently asked: the Miami housing market
- What is the median home price in Miami, FL?
- As of June 2026, the median sale price in Miami is $645,000 (+4.2% year over year), per the Redfin Data Center.
- Is Miami a buyer's or seller's market right now?
- Miami is currently a buyer's market, based on 6.4 months of supply and a 95.8% sale-to-list ratio for June 2026.
- How long do homes take to sell in Miami?
- A typical Miami listing goes under contract in about 72 days as of June 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this Miami market data come from?
- All figures come from the Redfin Data Center, refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic for Miami agents. LOKAL is not affiliated with Redfin.
Nearby & related markets
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Data: Redfin — Redfin Data Center. Figures are a metro-level snapshot, not a valuation for a specific home.