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Foreclosure Homes in Miami, FL 33147

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Miami, FL Foreclosures

Current Market Conditions in in Miami, FL As of February 2026?
Over the past month, Miami has experienced a slight increase in home inventory, allowing buyers more options amidst the competitive market. However, the overall price trend has continued to rise, signaling sustained demand. Days on market have decreased, reflecting buyers' urgency to capitalize on available properties before prices potentially increase further. The balance between inventory and demand suggests that the market remains robust, with significant interest still flowing in from various sectors.
How much do homes sell for in Miami, FL?
The average home price is currently $721,127.
In Miami, FL, how many homes are available?
There are currently 131 active home listings available in Miami.
What’s the average rental cost in Miami, FL?
The average rental price in Miami is $2,086.
What is the most expensive home in Miami?
The most expensive home sold in Miami had a price of $195,282,272.
What is currently the cheapest priced home in Miami, FL?
The cheapest home for sale in Miami is priced at $10,550.

Living in Miami, FL

Miami, Florida, is a bustling coastal city that offers a unique blend of cultural diversity and economic opportunity. With its stunning beaches, vibrant nightlife, and numerous recreational activities, Miami is a captivating place to live. The city's dynamic food scene and artistic community make it a desirable destination for people from all walks of life.

Buyer vs Seller Market in Miami, FL

The Miami real estate market remains competitive, with strong demand driven by both national and international buyers. Home prices in Miami have seen consistent appreciation year over year, reflective of its desirability as a location for both primary residences and investment properties.

Recent trends indicate a shift towards more luxury developments and a growing interest in eco-friendly housing options. The market appeals to young professionals, retirees, and families seeking an urban lifestyle combined with the charm of a tropical environment.

Home Value Estimator For Miami, FL

There are currently 412,765 real estate properties in Miami, FL, with a median automated valuation model (AVM) price of $552,598.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Miami, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Miami, FL, is $721,127.00, with the most expensive house in Miami, FL, topping out at $195,282,272.00 and the cheapest home in Miami, FL, clocking in at $10,550.00. In other words, there’s something for every potential homebuyer or savvy investor in Miami, FL!

Rent Prices In Miami, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Miami, FL, is on a rollercoaster ride. The average rent price in Miami, FL, is $2,086.00. Indeed, when looking to rent in Miami, FL, you can expect to pay as little as $640.00 or as much as $7,120.00, with the average rent median estimated to be $1,940.00. The good news is that finding an affordable and desirable property to rent in Miami, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Miami, FL 33147 Foreclosures

Market Trend for Miami, FL

Total Listings Available: 131

Market Values:

Home Prices from $10,550 to $195,282,272

Average Sales Price: $721,127

Rental Values:

Rental from $640 to $7,120

Average Rent Value: $2,086 / month

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