Market Reports
Miami market report: Q3 2026
Prices held firm, inventory finally grew and waterfront homes kept setting records. Here is what the third quarter means for buyers, sellers and renters.
Market report
The Miami property market
Median prices, price per square foot, inventory and days on market — calculated live from every Doorstep listing, so the numbers move when the market does.
Homes for sale
The sale market at a glance
The sale market at a glance
- Median list price
- $1.73M
- Range $485K – $17.5M
- Avg. price / sq ft
- $1,125
- Typical home 1,880 sq ft
- Homes for sale
- 42
- +21 new in the last 30 days
- Avg. days on market
- 32
- 20.5% have cut their price
Based on 42 for-sale listings · updated October 7, 2026
Homes for sale
Median list price by neighborhood
Live data · updated October 7, 2026
- Mid-Beach$8.75M3 homes
- Key Biscayne$8.33M2 homes
- South Beach$5.45M3 homes
- Coconut Grove$4.9M2 homes
- Bal Harbour$4.42M2 homes
- Sunny Isles Beach$3.7M2 homes
- Coral Gables$3.17M4 homes
- Brickell$1.88M5 homes
View as table
| Neighborhood | Median price | Price / sq ft | Listings |
|---|---|---|---|
| Mid-Beach | $8.75M | $1,614 | 3 |
| Key Biscayne | $8.33M | $1,913 | 2 |
| South Beach | $5.45M | $1,879 | 3 |
| Coconut Grove | $4.9M | $1,222 | 2 |
| Bal Harbour | $4.42M | $1,448 | 2 |
| Sunny Isles Beach | $3.7M | $1,337 | 2 |
| Fort Lauderdale | $3.37M | $1,060 | 2 |
| Coral Gables | $3.17M | $1,016 | 4 |
| Brickell | $1.88M | $1,055 | 5 |
| North Beach | $1.82M | $925.72 | 2 |
| Design District | $1.65M | $974.39 | 2 |
| Edgewater | $1.31M | $842.27 | 2 |
| Little Havana | $932K | $531.36 | 2 |
| Downtown Miami | $770K | $668.19 | 2 |
| Wynwood | $632K | $675.39 | 2 |
| Aventura | $589K | $421.32 | 2 |
Homes for sale
Price per square foot
Live data · updated October 7, 2026
- Key Biscayne$1,9132 homes
- South Beach$1,8793 homes
- Mid-Beach$1,6143 homes
- Bal Harbour$1,4482 homes
- Sunny Isles Beach$1,3372 homes
- Coconut Grove$1,2222 homes
- Brickell$1,0555 homes
- Coral Gables$1,0164 homes
View as table
| Neighborhood | Median price | Price / sq ft | Listings |
|---|---|---|---|
| Key Biscayne | $8.33M | $1,913 | 2 |
| South Beach | $5.45M | $1,879 | 3 |
| Mid-Beach | $8.75M | $1,614 | 3 |
| Bal Harbour | $4.42M | $1,448 | 2 |
| Sunny Isles Beach | $3.7M | $1,337 | 2 |
| Coconut Grove | $4.9M | $1,222 | 2 |
| Fort Lauderdale | $3.37M | $1,060 | 2 |
| Brickell | $1.88M | $1,055 | 5 |
| Coral Gables | $3.17M | $1,016 | 4 |
| Design District | $1.65M | $974.39 | 2 |
| North Beach | $1.82M | $925.72 | 2 |
| Edgewater | $1.31M | $842.27 | 2 |
| Wynwood | $632K | $675.39 | 2 |
| Downtown Miami | $770K | $668.19 | 2 |
| Little Havana | $932K | $531.36 | 2 |
| Aventura | $589K | $421.32 | 2 |
Rentals
The rental market
Live data · updated October 7, 2026
- Median rent
- $5,300/mo
- Based on 25 rental listings
- Avg. price / sq ft
- $4.85/mo
- Typical home 1,310 sq ft
- Rentals available
- 25
- +18 new in the last 30 days
- Avg. days on market
- 23
- Median 23 days
- Price reduced
- 12.5%
- Average cut −6.1%
- New this week
- 3
- Prices from $2.5K/mo to $26K/mo
Homes for sale
Where the homes are
Live data · updated October 7, 2026
View as table
| Neighborhood | Median price | Price / sq ft | Listings |
|---|---|---|---|
| Brickell | $1.88M | $1,055 | 5 |
| Coral Gables | $3.17M | $1,016 | 4 |
| Mid-Beach | $8.75M | $1,614 | 3 |
| South Beach | $5.45M | $1,879 | 3 |
| Design District | $1.65M | $974.39 | 2 |
| Little Havana | $932K | $531.36 | 2 |
| Edgewater | $1.31M | $842.27 | 2 |
| Wynwood | $632K | $675.39 | 2 |
| Fort Lauderdale | $3.37M | $1,060 | 2 |
| Coconut Grove | $4.9M | $1,222 | 2 |
| North Beach | $1.82M | $925.72 | 2 |
| Bal Harbour | $4.42M | $1,448 | 2 |
| Sunny Isles Beach | $3.7M | $1,337 | 2 |
| Key Biscayne | $8.33M | $1,913 | 2 |
| Downtown Miami | $770K | $668.19 | 2 |
| Aventura | $589K | $421.32 | 2 |
Market insights
Notes from the Journal
Neighborhoods
Neighborhood spotlight: living in Brickell
Glass towers, rooftop pools and a Metromover stop on every corner. What it is really like to live in Miami’s financial district.
Lifestyle
The ultimate Miami moving checklist
Eight weeks to moving day: a practical timeline for relocating to Miami, from school enrollment and driver’s licenses to hurricane supplies.
Sell with Doorstep
Selling in Miami? Know what your home is worth.
Get a free, data-backed valuation from a local Doorstep agent — no obligation, answered within one business day.