All Home Types
Miami, FL Housing Market
What is the housing market like in Miami today?
In November 2025, Miami home prices were down 6.1% compared to last year, selling for a median price of $620K. On average, homes in Miami sell after 106 days on the market compared to 83 days last year. There were 255 homes sold in November this year, down from 302 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$620,000
-6.1% YoY | Nov 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2025
Growth
% YoY
Miami, FL
$620,000
-6.1%
United States
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Miami Migration & Relocation Trends
In Sep '25 - Nov '25, 31% of Miami homebuyers searched to move out of Miami, while 69% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Miami from outside metros.
- New York homebuyers searched to move into Miami more than any other metro followed by San Francisco and Washington.
Where are people moving to Miami from?
- 69% of Miami homebuyers searched to stay within the Miami metropolitan area.
- Cape Coral was the most popular destination among Miami homebuyers followed by Orlando and Minneapolis.
Where are people from Miami moving to?
Number of People Moving to Miami
least
most
People are moving to Miami from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '25 - Nov '25 | ||
| 1 | 4,814 | ||
| 2 | 1,686 | ||
| 3 | 1,526 | ||
| 4 | 1,076 | ||
| 5 | 779 | ||
| 6 | 713 | ||
| 7 | 506 | ||
| 8 | 193 | ||
| 9 | 170 | ||
| 10 | 104 | ||
People are leaving Miami for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '25 - Nov '25 | ||
| 1 | 2,096 | ||
| 2 | 2,043 | ||
| 3 | 902 | ||
| 4 | 859 | ||
| 5 | 774 | ||
| 6 | 753 | ||
| 7 | 710 | ||
| 8 | 710 | ||
| 9 | 501 | ||
| 10 | 482 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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