Across 30 measured ZIP markets in Miami-Dade County, the median ZIP home value is $602,196 and the median ZIP rent is $2,736. 13.3% of measured ZIP markets show softer conditions. 20.0% of measured ZIP markets show rising price-cut pressure.
Key stats
- 13.3% of measured ZIP markets show softer conditions.
- 20.0% of measured ZIP markets show rising price-cut pressure.
- The middle ZIP home value is -5.6% versus the tracked-market benchmark.
- Month over month, the median ZIP market moved -0.2% on inventory and 0.0% on buyer competition.
- The middle ZIP rent is +12.2% versus the tracked-market benchmark.
- Measured ZIP markets
- 30
- Median ZIP home value
- $602,196
- Median ZIP rent
- $2,736
- Median buyer competition
- 41
Price and rent across local markets
The middle ZIP home value is -5.6% versus the tracked-market benchmark. The middle ZIP rent is +12.2% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $516,921 to $690,448. The middle half of tracked ZIP rents runs from $2,460 to $3,248. Buyer competition across local ZIP markets runs from 38 at the 25th percentile to 44 at the 75th.
How broadly conditions are changing
13.3% of measured ZIP markets show softer conditions. 20.0% of measured ZIP markets show rising price-cut pressure. 0.0% of measured ZIP markets show a recent inventory spike. Month over month, the median ZIP market moved -0.2% on inventory and 0.0% on buyer competition. 10.0% of measured ZIP markets show accelerating new-listing supply. 13.3% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is -7.6% versus the tracked-market benchmark.
Continue your market research
- Hialeah Metro City marketContinue from the regional view to a more specific local market.
- Miami housing market questionsRead a related local market question.
- Is the Miami Real Estate Market Cooling or Slowing Down?Read a related local market question.
- Miami ZIP comparison guideOpen a data-backed ZIP comparison.
- Compare 33125 vs 33126Open a data-backed ZIP comparison.
Sources and method
- HomeMarketCap.com data sources: local housing-market datasets
- HomeMarketCap.com methodology: regional aggregation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.