Housing in Miami Shores, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,100,000

Median List Price

$1,370,000

Price Per Sq Ft

$558

Days on Market

88

Active Inventory

82

Months of Supply

9.1

Buyer's market

Zillow Home Value

$705,710

ZHVI — January 2026

Zillow Rent Index

$3,086

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 4.3%List Price ↓ 10.1%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

11.1%

Off Market in 2 Weeks

6.7%

Sale-to-List Ratio

92.9%

Buyer's market

Sold Above Asking
11.1%
Under Contract in 2 Wks
6.7%
Listings with Price Drops
34.1%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

9

Pending Sales

15

Homes Sold ↓ 47.1%New Listings ↓ 70.0%Pending ↑ 7.1%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$558

Median List $/SF

$805

Sale $/SF ↓ 15.7%List $/SF ↑ 5.0%Mar 24 → Jan 26

Miami Shores vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Miami Shores is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$788,600

Median Rent

$2,233

Total Housing Units

3,994

Vacancy Rate

8.5%

Owner Occupied

86.7%

Renter Occupied

13.3%

Median Property Tax

$7,408

per year

Monthly Cost (w/ Mortgage)

$3,126

Housing Types

Single Family
89.5%
Multi-Family
10.5%
Mobile Home
0.0%

The current median sale price in Miami Shores, FL is $1,100,000 according to Redfin data. Homes spend a median of 88 days on the market. 11.1% of homes sold above asking price. The market has 9.1 months of supply. The median price per square foot is $558. Zillow's observed rent index is $3,086/month. About 86.7% of housing units are owner-occupied. The median year homes were built is 1953. There are 3,994 total housing units.