Neighborhoods0 views · 1 answer
What are the best neighborhoods in Miami for families?
Miami snapshot
As of the latest 2026 data- Median listing
- $495K
- YoY -0.0%
- Active inventory
- 41,524
- YoY -0.2%
- Median DOM
- 85
- YoY -0.0%
- Pending ratio
- 0.24
- YoY +0.1%
- Price-reduced
- 14.5%
- YoY -0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
There are no specific neighborhood metrics provided, so I cannot tell you which neighborhoods are best for families in the Miami area. I can, however, give you an overview of the housing market in the Miami-Fort Lauderdale-West Palm Beach metro area right now. This might help you decide if it's a good time to buy.
The typical home in this metro area is listed for $495,000. This is a bit lower than last month, down 0.8%, and also down 2.9% from this time last year. You'll also find more space for your money, with the price per square foot being $356, which is 1.0% less than a year ago.
There are fewer homes available to buy right now compared to last year. The number of active listings is 41,524, which is 16.9% lower than it was over the past year. Also, fewer new homes are coming on the market, with new listings down 2.9% year-over-year.
Homes are selling a little faster than before. The typical home stays on the market for 85 days, which is 4.0% quicker than it was a year ago. Also, 14.5% of homes have had their prices reduced, which is 3.2% less than last year, suggesting less room for negotiation.
If you're looking to buy, it's helpful to know that while prices have dipped slightly, homes are still selling fairly quickly and there are fewer options available. This suggests you might need to act relatively fast when you find a home you like.
Featured experts in this market
- View profile →
Pedro Casanova
Keller Williams Realty
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