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Is Miami a Buyer's Market?

8 of 30 tracked Miami ZIPs are cooling and 0 show inventory building — enough for buyer leverage in parts of the metro, not across it. The median tracked ZIP records about 69 pending homes per 100 new listings. Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0. The metro income-needed indicator changed -1.87% year over year.

Key stats

  • The median tracked ZIP records about 69 pending homes per 100 new listings.
  • Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
  • The metro income-needed indicator changed -1.87% year over year.
Tracked ZIP markets
30
Median ZIP home value
$606,807
Median ZIP rent
$2,761
median pending flow
The median tracked ZIP records about 69 pending homes per 100 new listings.
housing cost spread
Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
income needed change
The metro income-needed indicator changed -1.87% year over year.

Where buyers have measurable leverage

8 of 30 tracked Miami ZIPs are cooling and 0 show inventory building — enough for buyer leverage in parts of the metro, not across it.

Across tracked ZIPs, the median is 69 pending homes per 100 new listings.

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

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