Waterfront Homes for Sale in South Miami, FL

2 Homes for Sale

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South Miami, FL Housing Market Overview

South Miami is a balanced market, giving buyers and sellers room to negotiate. With 2.6 months of supply and homes averaging 99 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

99

Inventory

2

Aug 2021May 2024Jul 2026

Median Home Price

$1,175,000Up 23.68%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
2 Up 29.82%
Newly Listed Homes
13 Up 85.71%
Months of Supply
2.6 Up 34.46%

Housing Demand

Homes Sold
28 Down 3.45%
Sale-to-List Ratio
94% Up 1.62%
Homes Sold Above List
8.3% Down 0.00%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full South Miami Market Report
  • mls-img
    Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® through Sep 19, 2026, 5:45 PM. The MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law. Copyright Southeast Florida MLS a/k/a SEFMLS © 2026. All rights reserved.
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South Miami, FL Housing Marketlink qauare
Homes Available icon

2

Homes Available

Median List Price icon

$ 1,175,000

Median List Price

Avg on Market icon

99 Days

Avg on Market

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