The Downtown housing market is not very competitive. The median sale price of a home in Downtown was $588K last month, up 0.5% since last year. The median sale price per square foot in Downtown is $637, up 12.7% since last year.
What is the housing market like in Downtown today?
$588K
Sale Price
+0.5% since last year
$637
Sale $/Sq. Ft.
+12.7% since last year
Under List Price
4.9%
Days on Market
95
Down Payment
14.3%
Total Homes Sold
48
To compare other locations to the Downtown and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Miami add value to a home.
How hot is the Downtown housing market?
Downtown is not very competitive. Homes sell in 95 days.
0
100
8
Not Very 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
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 95 days.
Hot homes
can sell for about 2% below list price and go pending in around 59 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
I Preparatory Academy
Public • PreK-12 • Choice school
859
Students
10 reviews
10/10
Ada Merritt K-8 Center
Public • PreK-8 • Choice school
763
Students
37 reviews
9/10
Miami-Dade Online Academy- Virtual Instruction Program
Public • K-12
256
Students
2 reviews
3/10
Phyllis Wheatley Elementary School
Public • PreK-5
236
Students
1 reviews
2/10
Frederick R. Douglass Elementary School
Public • PreK-5
259
Students
4 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 Downtown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown.
Risk Factor
Flood Factor - Extreme
93% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown has an extreme risk of flooding. 872 properties in Downtown are likely to be
severely affected
by flooding over the next 30 years. This represents 93% of all properties in Downtown. Flood risk is increasing slower 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
Downtown has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown is most at risk from hurricanes. 1,466 properties in Downtown 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 215 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 233 mph.