Balanced MarketAugust 2026

North Miami Housing Market Report

Live MLS data · 152 active listings · $340K median · Updated August 2026

TL;DR

The North Miami housing market has 152 active listings with a median asking price of $340K as of August 2026. 27% of listings have had a price reduction. Average price per square foot is $394, with homes spending an average of 78 days on market — a balanced market.

152

Active Listings

$340K

Median Price

$394

Avg $/sqft

78

Avg Days on Market

27%

Price Reduced

Price Distribution

Under $300K
72 (47%)
$300K–$500K
19 (13%)
$500K–$750K
27 (18%)
$750K–$1M
11 (7%)
$1M–$2M
8 (5%)
$2M+
15 (10%)

By Property Type

Condos
$189K
House
$720K
Duplex
$650K

Median Price by Bedrooms — North Miami

BedroomsActive ListingsMedian Price
Studio/1 BR60$168K
2 BR41$260K
3 BR33$660K
4 BR12$925K
5+ BR6$4.5M

ELLA AI Market Analysis — North Miami

The North Miami real estate market currently has 152 active listings as of August 2026, with a median asking price of $340K and an average of $394/sqft. Homes are spending an average of 78 days on market — conditions are relatively balanced between buyers and sellers.

Condos represent the best value in North Miami right now, with an average price per square foot of $300 and a median asking price of $189K. There are currently 89 active condos listings available.

With 27% of listings having reduced their price and an average DOM of 78 days, North Miami offers opportunities for both buyers and sellers. ELLA's IQ score analyzes each listing individually to identify the best-value opportunities.

Frequently Asked Questions — North Miami Real Estate Market

What is the average home price in North Miami right now?

As of August 2026, the median asking price in North Miami is $340K, with an average of $791K. Prices range from $70K to $15.5M. The average price per square foot is $394.

Is North Miami a buyer's or seller's market?

North Miami is currently a balanced market. Homes average 78 days on market with 27% showing price reductions. Well-priced properties still move at a fair pace, and both sides can negotiate effectively.

How long do homes stay on the market in North Miami?

As of August 2026, homes in North Miami spend an average of 78 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.

What is the most affordable property type in North Miami?

Condos are currently the most affordable by price per square foot in North Miami, averaging $300/sqft with a median price of $189K. There are 89 active condos listings available.

How much can I save buying in North Miami with Casa Simple?

Based on the median home price of $340K in North Miami, Casa Simple buyers typically receive savings of $2K–$5K at closing. This is a closing cost credit — you pay nothing extra. The exact amount depends on purchase price and plan.

What is the average HOA fee in North Miami?

HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.

Ready to buy in North Miami?

ELLA analyzes every listing in North Miami with an AI-powered IQ score. Get up to $5K back at closing.