Housing in North Miami, FL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$475,000

Median List Price

$516,000

Price Per Sq Ft

$337

Days on Market

95

Active Inventory

324

Months of Supply

17.1

Buyer's market

Zillow Home Value

$408,264

ZHVI — January 2026

Zillow Rent Index

$2,287

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 3.1%List Price 21.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.5%

Off Market in 2 Weeks

11.1%

Sale-to-List Ratio

94.2%

Buyer's market

Sold Above Asking
10.5%
Under Contract in 2 Wks
11.1%
Listings with Price Drops
20.4%

Market Activity

Source: Redfin

Homes Sold

19

New Listings

71

Pending Sales

36

Homes Sold 48.6%New Listings 9.2%Pending 30.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$337

Median List $/SF

$351

Sale $/SF 4.7%List $/SF 8.0%Mar 24Jan 26

North Miami vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. North Miami 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

$326,300

Median Rent

$1,543

Total Housing Units

21,729

Vacancy Rate

7.6%

Owner Occupied

43.4%

Renter Occupied

56.6%

Median Property Tax

$2,186

per year

Monthly Cost (w/ Mortgage)

$1,476

Housing Types

Single Family
39.7%
Multi-Family
59.7%
Mobile Home
0.6%

The current median sale price in North Miami, FL is $475,000 according to Redfin data. Homes spend a median of 95 days on the market. 10.5% of homes sold above asking price. The market has 17.1 months of supply. The median price per square foot is $337. Zillow's observed rent index is $2,287/month. About 43.4% of housing units are owner-occupied. The median year homes were built is 1966. There are 21,729 total housing units.