All Home Types
South Miami, FL Housing Market
What is the housing market like in South Miami today?
In February 2025, South Miami home prices were up 62.7% compared to last year, selling for a median price of $1.6M. On average, homes in South Miami sell after 71 days on the market compared to 83 days last year. There were 4 homes sold in February this year, down from 8 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,550,000
+62.7% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
South Miami, FL
$1,550,000
+62.7%
United States
Work with the best agents in South Miami
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
South Miami Migration & Relocation Trends
In Dec '24 - Feb '25, 29% of South Miami homebuyers searched to move out of South Miami, while 71% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into South Miami from outside metros.
- New York homebuyers searched to move into South Miami more than any other metro followed by San Francisco and Washington.
Where are people moving to South Miami from?
- 71% of South Miami homebuyers searched to stay within the South Miami metropolitan area.
- Cape Coral was the most popular destination among South Miami homebuyers followed by Orlando and Sarasota.
Where are people from South Miami moving to?
Number of People Moving to South Miami
least
most
People are moving to South Miami from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 5,524 | ||
| 2 | 1,975 | ||
| 3 | 1,842 | ||
| 4 | 1,579 | ||
| 5 | 999 | ||
| 6 | 953 | ||
| 7 | 707 | ||
| 8 | 405 | ||
| 9 | 166 | ||
| 10 | 141 | ||
People are leaving South Miami for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 2,930 | ||
| 2 | 1,772 | ||
| 3 | 893 | ||
| 4 | 854 | ||
| 5 | 838 | ||
| 6 | 821 | ||
| 7 | 698 | ||
| 8 | 603 | ||
| 9 | 579 | ||
| 10 | 419 | ||
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in South Miami.
Provided by First Street Foundation
About us
Find us
Subsidiaries
United States
CanadaCopyright: © 2025 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.