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8 Bedroom Homes for Sale in South Miami, FL

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South Miami, FL Housing Market Overview

South Miami is a balanced market, giving buyers and sellers room to negotiate. With 4.3 months of supply and homes averaging 62 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

62

Inventory

46

Oct 2021Jul 2024Oct 2026

Median Home Price

$885,000Down 1.09%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.24%Down 0.08%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
46 Down 19.30%
Newly Listed Homes
61 Up 3.39%
Months of Supply
4.3 Down 18.87%

Housing Demand

Homes Sold
32 Down 0.00%
Sale-to-List Ratio
96.5% Up 1.73%
Homes Sold Above List
12.5% Up 33.26%

30-yr fixed rate 7.24% · Data as of Oct 2026 · Source: Houzeo Research.

View Full South Miami Market Report
  • mls-imgIDX Logo
    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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Homes Available icon

2

Homes Available

Median List Price icon

$ 885,000

Median List Price

Avg on Market icon

62 Days

Avg on Market