Real Estate Market Overview
Get to know Miami
Get to know Miami. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Miami real estate market, all in one place. Analyze how the market is performing against historical data. Guaranteed Rate helps you explore Miami without having to leave home.
Homes in Miami sold on average for $489,000 compared to $1,056, the median rent. Unemployment sits at 8.1%. The population of Miami is 443,007. The median age of the locals is 40.0.
In the past week, homes in Miami sold on average for $489,000 and spent 137 days on the market. In Miami, the inventory of 2,745 experienced a 8% relisting. The average price per square foot was $224.
As previously noted, the population of Miami is 443,007 and the median age is 40.0. Among Miami residents, there is a homeowner vacancy rate of 3.2% and a rental vacancy rate of 6.8% from a total of 196,618 units.
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This website uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Housing market information is provided by Altos Research.