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·Miami–Fort Lauderdale Metro
FL

Miami–Fort Lauderdale Metro

Miami–Fort Lauderdale Metro Market Report

Top 10 ZIPs by size — 7.32% mortgage rate — Updated 10/27/2026

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Listings Flow Ladder — Miami

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is fillingnet 1,364 listings/mo
balanced 4–6 mo8.0 mo
Faucet — new listings
3,398/mo
84% of normal (4,053) · trickle
Basin — active listings
16,372
90% of normal (18,226) · high
Months of supply
8 mo
derived — not published at this grain
Drain — closed sales
2,034/mo
76% of normal (2,666)
Net — faucet minus drain
+1,364/mo
filling
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 14%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 24%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 338/mofall in the monthly rate (14%)— peak 2,373/mo (2026-05-31) to 2,034/mo now
  • 13,575transactions that did not happen— summed monthly shortfall vs the same-month normal, over 24 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 78 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.

Verified county coverage:Broward County, FLMiami-Dade County, FL

Tracked ZIPs
10
Avg Score
43
Avg Median
$358,338
Market
Buyer's
Avg Composite
43/100
Avg Median Price
$358,338
Avg Rent
$2,412/mo
Avg Burden
36%of income

New Listings Trend

Monthly new for-sale listings · Redfin + Realtor.com · Miami, FL

as of Sep 1, 2026
↓ 6.8% YoY
Long-run avgAug 24Nov 24Feb 25May 25Aug 25Nov 25Feb 26May 26Aug 26010k19k29k38k

Buyer Leverage — Should I Buy in Miami?

56
Avg Buyer Score
86 ZIPs analyzed
Strong Buyer
5
Moderate
23
Balanced
46
Seller Favored
12
Strong Seller
0
Best for Buyers
33158Village of Palmetto Bay82
Most Competitive
74339Commerce23
33172Fountainbleau27
33131Miami29
33016Hialeah32
33179Ives Estates32

MODERATE — Miami has mixed conditions, pockets of opportunity

33009
Hallandale, broward county
42
Median Price
$279,523
YoY
-2.9%
Payment Burden
38.2%
Buy vs Rent
Buy
Days on Market
124
Supply
13.5 mo
Rent
$2,455
Val. Gap
+12.5%
33308
Fort Lauderdale, broward county
48
Median Price
$517,770
YoY
+0.7%
Payment Burden
40.9%
Buy vs Rent
Neutral
Days on Market
100
Supply
7.4 mo
Rent
$2,529
Val. Gap
-12.7%
33062
Pompano Beach, broward county
45
Median Price
$472,241
YoY
+0.5%
Payment Burden
37.5%
Buy vs Rent
Buy
Days on Market
127
Supply
8.9 mo
Rent
$2,946
Val. Gap
-21.9%
33027
Miramar, broward county
31
Median Price
$470,967
YoY
-2.6%
Payment Burden
42.3%
Buy vs Rent
Buy
Days on Market
92
Supply
5.7 mo
Rent
$2,777
Val. Gap
-63.2%
33319
Tamarac, broward county
48
Median Price
$195,898
YoY
-6.1%
Payment Burden
23.5%
Buy vs Rent
Buy
Days on Market
91
Supply
9.9 mo
Rent
$1,922
Val. Gap
+44.3%
33321
Tamarac, broward county
38
Median Price
$291,935
YoY
-4.4%
Payment Burden
32.1%
Buy vs Rent
Buy
Days on Market
90
Supply
6.7 mo
Rent
$2,075
Val. Gap
-39.1%
33063
Margate, broward county
53
Median Price
$289,446
YoY
-2.7%
Payment Burden
30.3%
Buy vs Rent
Buy
Days on Market
82
Supply
8.2 mo
Rent
$2,095
Val. Gap
-20.7%
33160
North Miami Beach, miami-dade county
39
Median Price
$515,850
YoY
+0.5%
Payment Burden
54.5%
Buy vs Rent
Buy
Days on Market
174
Supply
13 mo
Rent
$2,926
Val. Gap
-22.7%
33025
Miramar, broward county
42
Median Price
$388,027
YoY
-3.0%
Payment Burden
37.6%
Buy vs Rent
Buy
Days on Market
94
Supply
8.1 mo
Rent
$2,450
Val. Gap
+9.8%
33313
Lauderhill, broward county
45
Median Price
$161,725
YoY
-6.1%
Payment Burden
23.5%
Buy vs Rent
Buy
Days on Market
85
Supply
11.4 mo
Rent
$1,947
Val. Gap
+89.4%

Median price and 12-month change: Zillow Home Value Index (ZHVI); where a ZIP has no ZHVI value, the county assessor average. Days on market: Redfin Data Center, rolling 90 days; months of supply: Redfin Data Center. Rent: Zillow Observed Rent Index (ZORI); where a ZIP has no ZORI value, the Census ACS county rent.

Every ZIP market page in Miami–Fort Lauderdale Metro (190)