The North Miami housing market is somewhat competitive. The median sale price of a home in North Miami was $490K last month, up 36.1% since last year. The median sale price per square foot in North Miami is $322, up 21.1% since last year.
What is the housing market like in North Miami today?
In March 2024, North Miami home prices were up 36.1% compared to last year, selling for a median price of $490K. On average, homes in North Miami sell after 62 days on the market compared to 68 days last year. There were 37 homes sold in March this year, down from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$490,000
+36.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
North Miami, FL
$490,000
+36.1%
United States
To compare other locations to the North Miami and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. North Miami's median sale price is 17% higher than the national average. Overall cost of living in North Miami is 17% higher than the national average. Learn which home features in North Miami add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the North Miami housing market?
North Miami is somewhat competitive. Homes sell in 62 days.
0
100
35
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 62 days.
Hot homes
can sell for around list price and go pending in around 30 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.
Home offer insights for North Miami
Explore recent offers and recently sold homes in North Miami
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Ruth K. Broad Bay Harbor K-8 Center
Public • PreK-8
1368
Students
17 reviews
7/10
Biscayne Gardens Elementary School
Public • PreK-5
533
Students
6 reviews
6/10
David Lawrence Jr. K-8 Center
Public • PreK-8
1461
Students
17 reviews
6/10
Natural Bridge Elementary School
Public • PreK-5
675
Students
2 reviews
5/10
W. J. Bryan Elementary School
Public • PreK-5
716
Students
5 reviews
Only showing 5 of
13 elementary schools.
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 North Miami housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Miami.
Risk Factor
Flood Factor - Major
79% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Miami has a major risk of flooding. 2,374 properties in North Miami are likely to be
severely affected
by flooding over the next 30 years. This represents 79% of all properties in North Miami. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
North Miami has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Miami is most at risk from hurricanes. 10,714 properties in North Miami 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 219 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 233 mph.