The Miami Shores housing market is somewhat competitive. The median sale price of a home in Miami Shores was $1.0M last month, up 0.5% since last year. The median sale price per square foot in Miami Shores is $514, up 11.7% since last year.
What is the housing market like in Miami Shores today?
In January 2025, Miami Shores home prices were up 0.5% compared to last year, selling for a median price of $1.0M. On average, homes in Miami Shores sell after 95 days on the market compared to 84 days last year. There were 17 homes sold in January this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,030,000
+0.5% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Miami Shores, FL
$1,030,000
+0.5%
United States
To compare other locations to the Miami Shores and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Miami Shores's median sale price is 171% higher than the national average. Overall cost of living in Miami Shores is 21% higher than the national average. Learn which home features in Miami Shores add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the Miami Shores housing market?
Miami Shores is somewhat competitive. Homes sell in 57 days.
0
100
41
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 57 days.
Hot homes
can sell for around list price and go pending in around 31 days.
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.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Miami Shores housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Miami Shores.
Flood Factor - Minor
97% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Miami Shores has a minor risk of flooding. 644 properties in Miami Shores are likely to be
severely affected
by flooding over the next 30 years. This represents 97% of all properties in Miami Shores. Flood risk is increasing faster than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Miami Shores has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Miami Shores is most at risk from hurricanes. 3,422 properties in Miami Shores have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 223 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 239 mph.