Miami, FL Real Estate & Property Data

Miami Real Estate Market Trends
Last Updated: April 22, 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, 21,702 residential properties have been sold in Miami, FL over the past year, with a median home price of $670,000. Additionally, 49.04% of homes in Miami are equity rich, while 0.33% of homes are seriously underwater. There have been 184 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 536,047
Total Commercial Properties 27,709
Avg. Home Age (Single Family Home) 54 Years
Avg. Square Feet (Single Family Home) 1,904
Total 2025 Residential Sales (year-to-date) 2,593
% of Homes Seriously Underwater (Q2 2025) 0.33%
Total 2024 Residential Sales 20,583
% of Equity Rich Homes (Q2 2025) 49.04%
Effective 2024 Property Tax 0.89%
Total Foreclosure Filings (year-to-date) 439
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Miami, FL Real Estate Overview

Miami, FL saw 21,702 residential properties being sold in the past year, with a median home value of $577,676. The city of Miami has a total of 536,047 residential properties, spread across 11452 streets and 57 zip codes.

Median Sales Price i
$670,000
(Feb 2025)
+6.3%
year-over-year
y-o-y
  • February '25 Feb '25 $670,000
  • January '25 Jan '25 $650,000
  • December '24 Dec '24 $720,000
  • November '24 Nov '24 $687,000
  • October '24 Oct '24 $674,000
  • September '24 Sep '24 $674,500
  • August '24 Aug '24 $670,000
  • July '24 Jul '24 $670,000
  • June '24 Jun '24 $670,000
  • May '24 May '24 $682,500
  • April '24 Apr '24 $650,000
  • March '24 Mar '24 $670,000
Median Down Payment i
$115,000
(Feb 2025)
+8.8%
year-over-year
y-o-y
  • February '25 Feb '25 $115,000
  • 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 $130,000
  • July '24 Jul '24 $117,000
  • June '24 Jun '24 $103,110
  • May '24 May '24 $112,135
  • April '24 Apr '24 $113,955
  • March '24 Mar '24 $115,000
Number of Homes Sold i
1,150
(Feb 2025)
+1.7%
year-over-year
y-o-y
  • February '25 Feb '25 1,150
  • January '25 Jan '25 1,443
  • December '24 Dec '24 1,602
  • November '24 Nov '24 1,603
  • October '24 Oct '24 1,514
  • September '24 Sep '24 1,541
  • August '24 Aug '24 2,061
  • July '24 Jul '24 1,892
  • June '24 Jun '24 1,826
  • May '24 May '24 2,126
  • April '24 Apr '24 1,966
  • March '24 Mar '24 1,847
Number of Purchase Loans i
732
(Feb 2025)
+4.3%
year-over-year
y-o-y
  • February '25 Feb '25 732
  • January '25 Jan '25 899
  • December '24 Dec '24 1,039
  • November '24 Nov '24 1,095
  • October '24 Oct '24 1,023
  • September '24 Sep '24 1,044
  • August '24 Aug '24 1,365
  • July '24 Jul '24 1,130
  • June '24 Jun '24 1,170
  • May '24 May '24 1,310
  • April '24 Apr '24 1,141
  • March '24 Mar '24 1,139
Number of REFI Loans i
640
(Feb 2025)
+29%
year-over-year
y-o-y
  • February '25 Feb '25 640
  • January '25 Jan '25 876
  • December '24 Dec '24 731
  • November '24 Nov '24 793
  • October '24 Oct '24 725
  • September '24 Sep '24 669
  • August '24 Aug '24 828
  • July '24 Jul '24 634
  • June '24 Jun '24 566
  • May '24 May '24 656
  • April '24 Apr '24 749
  • March '24 Mar '24 626
Number of HELOC Loans i
329
(Feb 2025)
+10%
year-over-year
y-o-y
  • February '25 Feb '25 329
  • January '25 Jan '25 417
  • December '24 Dec '24 343
  • November '24 Nov '24 364
  • October '24 Oct '24 389
  • September '24 Sep '24 357
  • August '24 Aug '24 457
  • July '24 Jul '24 405
  • June '24 Jun '24 361
  • May '24 May '24 427
  • April '24 Apr '24 341
  • March '24 Mar '24 319

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 184 Miami, FL properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 139 Miami, FL properties and repossessed 7 Miami, FL properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
184
(Feb 2025)
-24.6%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 211
  • June '24 Jun '24 178
  • May '24 May '24 257
  • April '24 Apr '24 245
  • March '24 Mar '24 215
Foreclosure Starts i
139
(Feb 2025)
-21%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 167
  • June '24 Jun '24 115
  • May '24 May '24 185
  • April '24 Apr '24 197
  • March '24 Mar '24 166
Completed Foreclosures (REOs) i
7
(Feb 2025)
+16.7%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 3
  • June '24 Jun '24 7
  • May '24 May '24 8
  • April '24 Apr '24 6
  • March '24 Mar '24 3
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