Housing in West Miami, FL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$682,000

Median List Price

N/A

Price Per Sq Ft

$435

Days on Market

Active Inventory

Months of Supply

10.0

Buyer's market

Zillow Home Value

$643,242

ZHVI — January 2026

Zillow Rent Index

$2,101

ZORI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 55.3%List Price ↓ 29.3%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking

0.0%

Listings with Price Drops

30.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↓ 50.0%New Listings ↓ 80.0%Pending ↓ 80.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$435

Sale $/SF ↓ 24.0%List $/SF ↑ 9.3%Mar 24 → Jan 26

West Miami vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. West Miami is highlighted.

Median Home Value

86th%ilemost expensive$436,700show rank

Median Rent

95th%ilemost expensive rent$2,176show rank

Median Price Per Sq Ft

92nd%ilemost expensive $/sqft$435show rank

Rent Burden

99th%ilehighest rent burden46.2%show rank

Census Housing Data

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

Median Home Value

$436,700

Median Rent

$2,176

Total Housing Units

2,825

Vacancy Rate

7.1%

Owner Occupied

53.7%

Renter Occupied

46.3%

Median Property Tax

$3,337

per year

Monthly Cost (w/ Mortgage)

$1,257

Housing Types

Single Family

57.0%

Multi-Family

38.4%

Mobile Home

4.6%

The current median sale price in West Miami, FL is $682,000 according to Redfin data. Homes spend a median of 59 days on the market. 0.0% of homes sold above asking price. The market has 10.0 months of supply. The median price per square foot is $435. Zillow's observed rent index is $2,101/month. About 53.7% of housing units are owner-occupied. The median year homes were built is 1960. There are 2,825 total housing units.