PALM MIAMI
Homes for Sale in , FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via miami
PALM MIAMI is trading on very thin volume right now — just three closings in the current window sets the tone for everything else in this snapshot. With a sample that small, a median price of $2,060,000 and a median price per square foot of $829.75 tell you about the specific homes that sold, not necessarily about the community as a whole. The reported -41.6% year-over-year swing is almost certainly a function of which properties happened to close rather than a broad repricing of the market — treat it as a flag to dig into the individual sales, not as a trend line.
A median of 131 days on market and a market heat score of 23 both point the same direction: this is a slow-moving, buyer-patient environment where pricing discipline matters more than urgency. Sellers here should expect a longer runway and price relative to condition and comparable recent sales rather than list price alone. Buyers get room to negotiate and time to do full due diligence, but with so few closings to benchmark against, an independent appraisal and a careful look at comparable sales outside the immediate window are worth the extra step.
PALM MIAMI right now
🔴 Off the recent peak. The trailing-12-month median ($2.06M) is down 41.6% from the prior 12 months ($3.53M). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level miami closed sales, 12-month windows ending July 20. Confidence: Low (3 and 3 sales in the two windows).
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Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
PALM MIAMI market snapshot (as of July 20, 2026): the median sale price is about $2.06M ($830 per sq ft over the trailing 12 months of closed sales), and a median 131 days on market for closed sales. The trailing-12-month median is down 42% from the prior 12 months, computed from record-level miami closed sales (3 closings in the current window).
PALM MIAMI is a low-volume, high-price-per-square-foot corner of the Miami-Dade market, where a handful of recent sales are doing a lot of the talking. The wide gap between the elevated median price and the slow 131-day median time on market suggests pricing and condition, more than demand, are what move a listing here.
Who PALM MIAMI is best for.
Best for
- Buyers targeting a higher price point who are comfortable pricing off individual comps rather than a thin community-wide median
- Buyers with flexible timelines who can wait out a slow-moving listing and negotiate on price or terms
- Sellers with a well-maintained, well-priced property willing to accept an extended marketing period to find the right buyer
Probably not for
- Buyers who need a quick transaction in a market averaging well over three weeks on market
- Buyers relying solely on the reported median price or year-over-year change to gauge value, given the very small closings sample
- Sellers expecting fast turnover or bidding competition based on the current market heat reading
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level miami closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($2.06M) IS the median in the snapshot above, and the move from 2025 ($3.53M) IS the -41.6% one-year change.
Windows contain 0 to 10 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
21% of homes for sale in ZIP 33143 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).
PALM MIAMI Market Scorecard
PALM MIAMI is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in PALM MIAMI
Live MLS inventory for PALM MIAMI. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending PALM MIAMI listings as of 2026-07-20, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.
The PALM MIAMI buying strategy.
If we were buying in PALM MIAMI today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in PALM MIAMI.
A market defined by scarcity of data, not scarcity of demand
The single most important number in this snapshot is the closings count: three. That is not enough transactions to draw firm conclusions about direction, and it means the median price and per-square-foot figures should be read as a description of what recently sold, not as a forecast of what the next listing will fetch. Anyone pricing a home or making an offer here should ask to see the underlying comps directly rather than relying on the aggregate median alone.
Beyond the small sample, the market posture is unmistakably slow: a market heat score of 23 and a median of 131 days on market both describe a community where listings sit, and where sellers who price aggressively out of the gate tend to accumulate days rather than offers. No community amenities have been identified from current MLS listings, so buyers evaluating PALM MIAMI should focus their diligence on the individual property, its lot, and its immediate surroundings rather than assuming a built-in amenity package.
The location and the amenities are priced into every listing in PALM MIAMI. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin on closings, the difference between a fair price and an overpay comes down to who actually pulls the comparable sales and reads them correctly. Momentum works transactions like this by verifying condition-adjusted comps directly rather than leaning on a headline median, and by pacing negotiations to match a market where 131 days on market is normal rather than a warning sign.
PALM MIAMI in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a PALM MIAMI buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed PALM MIAMI sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in PALM MIAMI, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your PALM MIAMI home worth?
Get a no-obligation home value based on real comparable sales in PALM MIAMI, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in PALM MIAMI on the map →
Frequently Asked Questions
What is the median home price in PALM MIAMI?
How long do homes in PALM MIAMI take to sell?
Do cash buyers compete in PALM MIAMI?
Who is the best real estate agent for PALM MIAMI?
How do I find a top real estate agent who knows PALM MIAMI?
Can Momentum Realty connect me with an agent for PALM MIAMI?
Should you buy in PALM MIAMI?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near PALM MIAMI with Momentum Realty’s local guides.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2012 (50 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.
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See how PALM MIAMI fits the bigger picture — live prices, inventory, and Momentum Scores: