HomeMarketCap.com

Is Miami a Buyer's Market?

Only 4 of 30 tracked Miami ZIPs are cooling, so this does not read as a citywide buyer's market — leverage is ZIP by ZIP. The median tracked ZIP records about 67 pending homes per 100 new listings. 0 of 30 ZIPs (0%) show faster inventory growth. Across tracked ZIPs the typical home value runs from $298,325 in 33126 to $1,503,923 in 33122 — a factor of 5.0.

Key stats

  • The median tracked ZIP records about 67 pending homes per 100 new listings.
  • 0 of 30 ZIPs (0%) show faster inventory growth.
  • Across tracked ZIPs the typical home value runs from $298,325 in 33126 to $1,503,923 in 33122 — a factor of 5.0.
  • The metro income-needed indicator changed 0.74% year over year.
Tracked ZIP markets
30
Median ZIP home value
$602,196
Median ZIP rent
$2,736
median pending flow
The median tracked ZIP records about 67 pending homes per 100 new listings.
inventory growth share
0 of 30 ZIPs (0%) show faster inventory growth.
housing cost spread
Across tracked ZIPs the typical home value runs from $298,325 in 33126 to $1,503,923 in 33122 — a factor of 5.0.

Where buyers have measurable leverage

Only 4 of 30 tracked Miami ZIPs are cooling, so this does not read as a citywide buyer's market — leverage is ZIP by ZIP. 0 of 30 ZIPs (0%) show faster inventory growth.

Across tracked ZIPs, the median is 67 pending homes per 100 new listings.

Sources and method

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

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