MERION PARK in South Miami

MERION PARK
Homes for Sale in South Miami, FL

Community in South Miami · Miami-Dade County · ZIP 33143
Median sale $1.18M
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True comps, carrying-cost math, and listings before the portals.

Photo via miami

Built fromLive miami data14 years of closingsUpdated twice daily
Live · MERION PARK Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.18M
Median sold · 12 mo
$624/sf
Sold $/sqft · 12 mo
peak $740 in 2024
94.0%
Sale vs ask
Tempo
11days
Median DOM · closed
10 days at the 2024 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
67%
Cash buyers · MERION PARK
2 of 3 sales, 12 mo ending July 2026
Track record · 14 years of records
1,819sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Merion Park is pricing on land and square footage more than on any shared amenity package — there is no clubhouse, gate, or recreation program showing up in current MLS data, so the median price of $1,175,000 is being carried entirely by the homes and lot themselves. At a median of $623.51 per square foot, buyers are paying for construction quality, lot position, and proximity, not for a shared amenity line item.

An 11-day median days-on-market says well-priced listings are not sitting. With only a handful of closings in this snapshot window, the market here reads thin rather than deep — each sale carries more weight in setting the tone for the next, which means both buyers and sellers should treat any single comp with some caution and lean on a broker who is tracking the pattern in real time.

The 60-Second Overview

MERION PARK market snapshot (as of July 20, 2026): the median sale price is about $1.18M ($624 per sq ft over the trailing 12 months of closed sales), and a median 11 days on market for closed sales.

Merion Park is a Miami-Dade community where value is driven by the home and the lot rather than by a shared amenity package, and the current pace of sales points to a market that moves quickly once a home is priced right.

Best for

  • Buyers prioritizing home quality and lot over a shared amenity package
  • Buyers comfortable acting quickly in a fast-moving, low-inventory market
  • Buyers using per-square-foot pricing as their primary value benchmark

Probably not for

  • Buyers who want a community with an established recreation or amenity program
  • Buyers who need a wide set of active comps before feeling confident on price
  • Buyers who prefer a slower-paced search with room to negotiate over weeks

Windows contain 0 to 9 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.

Every sale since 2012 · price vs size
$0$500K$1M$1.5M2k2k2k3k
32 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 9 a year; 3 in the current window.

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.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

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.

How much local inventory is already under contract

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).

MERION PARK Market Scorecard

Balanced

MERION PARK is currently a balanced market., and homes go under contract in about 146 days.

$1,175,000
Median sold
$887
List $/sqft
146
Days on mkt
4/0/0
Active/Pend/Sold

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 MERION PARK

Live MLS inventory for MERION PARK. 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 MERION PARK listings as of 2026-08-18, 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.

If we were buying in MERION PARK today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 MERION PARK.

Best Buy
Buyers focused on the home itself — construction, layout, and lot — rather than a shared amenity package.
Biggest Risk
A thin closing count means each new sale can shift the read on value more than in a deeper market.
Sweet Spot
Move-in-ready homes priced near the per-square-foot median tend to clear quickly.
Avoid If
You're specifically shopping for a community with organized recreation or shared amenities — none are currently identified here.

What's actually setting the price here

With no community amenities identified in current listings, Merion Park's value proposition is unusually direct: buyers are underwriting the house, the finishes, and the site — not a pool, gym, or gate. That makes per-square-foot pricing a more honest yardstick here than in amenity-heavy communities, and the $623.51 median ppsf reflects a build quality and location premium rather than a shared-facility premium.

The 11-day median days-on-market is a signal worth taking seriously. In a market with few closings to reference, a fast absorption pace usually means sellers are pricing close to where the market actually is, and buyers who wait to see more comps before acting risk losing the listing they were watching.

The location and the amenities are priced into every listing in MERION PARK. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community with a thin closing count, the read on value depends on knowing which recent sales are truly comparable and which are outliers — that judgment call matters more here than in higher-volume markets, and it's where we spend our time before a client ever writes an offer.

MERION PARK in 15 seconds.

Best forBuyers focused on the home itself — construction, layout, and lot — rather than a shared amenity package.
Biggest advantageA market moving at an 11-day median pace rewards buyers who are ready to act on a well-priced listing.
Biggest riskA thin closing count means each new sale can shift the read on value more than in a deeper market.
Sweet spotMove-in-ready homes priced near the per-square-foot median tend to clear quickly.
Avoid ifYou're specifically shopping for a community with organized recreation or shared amenities — none are currently identified here.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed MERION PARK sales matched to your home.

What is your MERION PARK home worth?

Get a no-obligation home value based on real comparable sales in MERION PARK, 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 MERION PARK on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in MERION PARK?
The median sale price in MERION PARK was $1.18M over the 12 months ending July 20, 2026 (3 closed sales, miami).
How long do homes in MERION PARK take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 11 days on market (3 sales, miami).
Do cash buyers compete in MERION PARK?
Cash buyers took 67% of MERION PARK sales in the 12 months ending July 2026 (2 of 3 closings, miami).
Who is the best real estate agent for MERION PARK?
The best agent for MERION PARK is one who actively works South Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for MERION PARK.
How do I find a top South Miami real estate agent who knows MERION PARK?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows MERION PARK and the wider South Miami area.
Can Momentum Realty connect me with an agent for MERION PARK?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your MERION PARK purchase or sale - no call center and no pressure.
Buyers prioritizing home quality and lot over a shared amenity packageExcellent fit
Buyers comfortable acting quickly in a fast-moving, low-inventory marketExcellent fit
Buyers using per-square-foot pricing as their primary value benchmarkExcellent fit
Buyers who want a community with an established recreation or amenity programProbably not
Buyers who need a wide set of active comps before feeling confident on priceProbably not
Buyers who prefer a slower-paced search with room to negotiate over weeksProbably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2012 (32 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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CallFree valuation →
Thinking of selling in MERION PARK? 3 recorded closings; median 11 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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