Miami Lakes, FL housing market

The median sale price in Miami Lakes, FL was $760K in May 2026, up 8.7% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $688K, holding steady against $689K across the three months before that. That puts prices 6.6% below the strongest three-month stretch on record here, which ended in Jan 2026 at $736K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $655K for Jun 2026, essentially flat year over year.

Buyers had 79 homes to choose from in May 2026, down 31.3% year over year (Redfin). At the current sales pace that standing inventory works out to 3.4 months of supply; convention treats four to six months as a balanced market, which puts Miami Lakes, FL on the sellers' side of that line. 35 homes came to market in May 2026, up 2.9% year over year, against 23 closings, up 9.5% year over year. Homes that sold in May 2026 took a median of 61 days to go under contract, in line with this market's usual May pace.

Competition is measurable in the closings themselves: 9% settled above asking, and the average sale landed at 96% of its final list price. 18% of listings carried a price cut in May 2026.

This page tracks 10 monthly housing series for Miami Lakes, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Aug 2016 through Jun 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.