Miami Shores
Housing Market
Median sale price $1,017,500, with homes going under contract in about 26 days, 6 homes on the market.
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Housing Market Analyst
Inventory sits at 5.5 months of supply — balanced by the 3-to-6-month balanced benchmark, and 0% of listed homes are already under contract. sellers are still collecting 95.1% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 0% of inventory sits under contract.
- Mortgage sensitivity — at 7.3× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Miami Shores data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Miami Shores
The median sale price across Miami Shores currently stands at $1,017,500. Buyers are paying a median of $671 per square foot. The typical home goes under contract in about 26 days. Homes are selling for about 95.1% of their original asking price.
There are 6 active listings on the market. With 13 closed sales over the trailing 12 months (6 listings divided by 13 / 12), that works out to 5.5 months of supply — roughly balanced conditions by the 3-to-6-month balanced band.
Miami Shores prices sit above the Miami-Dade County median by roughly 92%. Zillow's home value index for Miami-Dade County stands at $523,239. About 16% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Miami Shores is 49 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of November 12, 2026.
Where the market is heading
Home value trend · Miami-Dade County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Miami-Dade County (MLS)
Median price · daily recalculation
What’s driving Miami Shores
Top inbound states: NY, CA, TX, NJ. Movers arriving report ~$127,200 average income. Source: IRS SOI county-to-county migration, 2022-2023
137,709 Citizens personal-lines policies in Miami-Dade County; average premium $3,351 before the 2026 change, $3,064 after (-8.6%). Citizens is the state-backed insurer of last resort; budget insurance into any Miami-Dade purchase. Source: Citizens Property Insurance Corporation, 2026 Approved Rate Changes by County (ALL PERSONAL LINES COMBINED table).
2,666 single-family · 13,869 multi-family · 6.0 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Miami-Dade County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Miami Shores ← this page | $1.02M | 6 | 49 | |
| Miami | $550K | 2,519 | — | Open → |
| Miami Beach | $660K | 521 | — | Open → |
| Sunny Isles Beach | $615K | 451 | — | Open → |
| Aventura | $485K | 428 | — | Open → |
| Homestead | $440K | 425 | — | Open → |
Neighborhoods on the move
| DUNNINGS MIAMI SHORES EXTMiami Shores | $975K | 2 |
Miami Shores ZIP codes
Most active communities
More on Miami Shores
Put this data to work
The questions people actually ask
Should I buy a house in Miami Shores right now?
The data says conditions currently favor neither side decisively in Miami Shores — the Momentum Score reads 49/100 with 5.5 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
How does Miami Shores compare to the rest of Miami-Dade County?
Miami Shores's median of $1,017,500 runs 92% above the county-wide median of $530,000, and homes here take 26 days to go under contract versus 70 county-wide.
Miami Shores housing market FAQ
How is the housing market in Miami Shores right now?
As of November 12, 2026, the Miami Shores housing market is roughly balanced: the median sale price is $1,017,500, 6 homes are for sale against 13 sales in the last 12 months, which is 5.5 months of supply, and the typical home goes under contract in about 26 days.
How much is a house in Miami Shores?
The median home sold for $1,017,500 in Miami Shores over the last 12 months, about $671 per square foot; asking prices on the 6 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Miami Shores?
By the numbers, sellers in Miami Shores are getting 95.1% of asking price and going under contract in about 26 days with 5.5 months of supply. Under three months of supply generally favors sellers, three to six is balanced, and over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the median home price in Miami Shores?
The median sale price in Miami Shores is currently $1,017,500, based on MLS sales data updated November 12, 2026.
Is Miami Shores a buyer's or seller's market right now?
The data currently is roughly balanced. Miami Shores scores 49 of 100 on the Momentum Score, with 5.5 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Miami Shores?
The typical home in Miami Shores goes under contract in about 26 days, per current MLS data.
How many homes are for sale in Miami Shores?
There are approximately 6 active listings in Miami Shores as of November 12, 2026.
Momentum agents use this intelligence every day to price listings and write winning offers across Miami Shores. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use the MLS listing counts from the last data refresh (date below); the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: November 12, 2026 at 5:37 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.