Aug 2026
$650K
+2.4% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Markets › FL › Miami / Fort Lauderdale
Miami / Fort Lauderdale, FL
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Miami / Fort Lauderdale, FL. Built for agents; free to read.
Miami / Fort Lauderdale, FL’s median sale price is $650K as of Aug 2026 — +2.4% year over year. Pecan Street tracks Miami / Fort Lauderdale with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), and is flagging 1 market signal here right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$3,472/mo
$149K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Miami / Fort Lauderdale compares to other U.S. metros
| Price cuts | ↓187th of 194 |
|---|---|
| Days on market | ↑7th of 194 (top 4%) |
| Price-to-rent | ↑52nd of 195 (top 27%) |
| Home-price growth | 85th of 195 (top 44%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 17 -1.5% YoY ↑52nd of 195 (top 27%) |
|---|---|
| Asking price / sq ft | $355 -0.8% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 21% -3.2 pts YoY ↓187th of 194 |
|---|---|
| New housing units permitted | 2,732 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 182 |
|---|---|
| MLS board of record | MIAMI Association of REALTORS |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Aug 2026 |
Recent signals
Strength 4 / 5
6.3 mo
Doral supply now 6.3 months — buyer's market
Six-plus months of supply in Doral — this is a buyer's market by the textbook definition.
Price reconciliation
normal · 1.1ppRedfin (city) +2.4% | FHFA HPI · Q2 2026 +1.3% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
Market dispatches
Citable market dispatches for Miami / Fort Lauderdale → Latest dispatch: Sep 18, 2026.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 33009 | $319K↓ | 1,052↓ | 180↓ | 192↓ | 110↓ | $277K↓ |
| 33019 | $595K↑ | 622↓ | 88↓ | 88↓ | 106↓ | $502K↓ |
| 33062 | $557K↑ | 607↓ | 96↑ | 128↓ | 102↓ | $476K↓ |
| 33130 | $610K↓ | 531↑ | 84↓ | 56↑ | 95↑ | $515K↓ |
| 33131 | $785K↑ | 844↓ | 112↓ | 100↓ | 107↓ | $588K↓ |
| 33132 | $635K↓ | 769↓ | 132↑ | 108↓ | 99↓ | $515K↓ |
| 33137 | $790K↓ | 561↓ | 68↓ | 76↓ | 105↑ | $681K↑ |
| 33139 | $500K↓ | 889↓ | 124↓ | 104↓ | 107↓ | $468K↑ |
| 33160 | $600K↓ | 1,664↓ | 192↑ | 240↓ | 108↓ | $521K↓ |
| 33180 | $495K↓ | 850↓ | 128↓ | 144↓ | 108↓ | $459K↓ |
| 33308 | $550K↓ | 538↓ | 104↓ | 104↓ | 89↓ | $523K↑ |
| 33319 | $149K↓ | 625↓ | 104↓ | 96↓ | 113↓ | $194K↓ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.