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Miami Shores downtown 20110216Photo: Averette · CC BY 3.0
Housing in Miami Shores

173 homes sold in Miami Shores in the last year, at a typical $1.2M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Miami Shores homes are listed.

Homes sold
173
October 2025 to September 2026
Typical sale price
$1.2M
houses $1.3M · condos $274K (year to May 2026)
Price per square foot
$649
Florida $243
Paid vs. asking
93.9%
8% sold over asking
For sale now
67
September 2026 · 17 sold that month
What sold · last 12 months

10% of Miami Shores’ sales are condos, at $1.1M less than a house

143 houses and 16 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$1.3M

typical sale · 143 sold in the year to May 2026

Per square foot
$655FL $245
Days to sell
105
Sold over asking
6%
Listings with a price cut
20%
Condos$274K

typical sale · 16 sold in the year to May 2026

Per square foot
$284FL $262
Days to sell
157
Sold over asking
0%
Listings with a price cut
22%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $1.1M
Townhouses: 8 sold, typical $532K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 2.5 times the 2016 price

173 sales in the last year, against 294 in 2021 and a low of 151 in 2024. The typical sale went from $489K in 2016 to $1.2M.

Homes soldTypical sale price
075150225300$500K$800K$1.1M$1.4M2012: 198 sold, typical $321K’122013: 232 sold, typical $381K2014: 248 sold, typical $400K’142015: 245 sold, typical $438K2016: 205 sold, typical $489K’162017: 222 sold, typical $528K2018: 233 sold, typical $530K’182019: 205 sold, typical $550K2020: 258 sold, typical $612K’202021: 294 sold, typical $782K2022: 197 sold, typical $988K’222023: 195 sold, typical $1M2024: 151 sold, typical $1.3M’242025: 177 sold, typical $1.1MLast 12 months: 173 sold, typical $1.2MNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $1.2M buys in Miami Shores

Houseat $655 a sq ft, year to May 2026
Condoat $284 a sq ft, year to May 2026
The same money in Floridaat $245 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Miami Shores homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Miami Shores are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of Miami Shores’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 173 sales.

If you’re buying in Miami Shores

  • Shop in February. It brings about 28 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
  • Offer under asking. Buyers paid 93.9% of the list price on average; 8% paid over.
  • You’ll usually have time. Only 19% of homes go under contract within two weeks; the typical one takes 107 days.
Best time to buy

Winter brings the homes; spring brings the bidding wars

February has the most new listings (about 28 a month), but May is the most competitive: 14% of May sales close over asking. November has the least competition (7%).

New listings a monthShare sold over asking
07.51522.5307%13%20%Sweet spotJan: 27 new listings a month, 9% sold over asking, 90 days to sellJFeb: 28 new listings a month, 8% sold over asking, 93 days to sellFMar: 26 new listings a month, 10% sold over asking, 83 days to sellMApr: 25 new listings a month, 11% sold over asking, 76 days to sellAMay: 27 new listings a month, 14% sold over asking, 75 days to sellMJun: 26 new listings a month, 13% sold over asking, 75 days to sellJJul: 22 new listings a month, 10% sold over asking, 89 days to sellJAug: 24 new listings a month, 11% sold over asking, 82 days to sellASep: 22 new listings a month, 8% sold over asking, 78 days to sellSOct: 24 new listings a month, 10% sold over asking, 77 days to sellONov: 22 new listings a month, 7% sold over asking, 84 days to sellNDec: 19 new listings a month, 10% sold over asking, 78 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Florida as a whole

Miami Shores now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price8%4%19%9%
Gone within two weeksShare of homes under contract within 14 days19%11%30%21%
Price paid vs. askingAverage sale price ÷ list price93.9%94.9%97.5%96.4%
Days to sellMedian days from listing to contract107916775
Supply

79 homes for sale on a typical day

That’s 1.2 times the 2022 low (64), 31% fewer than in 2017–19 and well under 2019’s 123.

2014: 106 for sale’142015: 100 for sale2016: 118 for sale2017: 111 for sale’172018: 111 for sale2019: 123 for sale2020: 105 for sale’202021: 66 for sale2022: 64 for sale2023: 68 for sale’232024: 84 for sale2025: 97 for saleLast 12 months: 79 for saleNow
Prices by type

Since 2019, houses are up 126%, condos 59%

A house typically sold for $1.3M in the year to May 2026 (143 sales), a condo for $274K (16).

$375K$750K$1.1M$1.5M2013201520172019202120232025NowHouses 2013: $406K, 210 salesHouses 2014: $441K, 220 salesHouses 2015: $461K, 216 salesHouses 2016: $509K, 182 salesHouses 2017: $546K, 203 salesHouses 2018: $564K, 204 salesHouses 2019: $589K, 174 salesHouses 2020: $652K, 230 salesHouses 2021: $855K, 256 salesHouses 2022: $1.1M, 169 salesHouses 2023: $1.1M, 169 salesHouses 2024: $1.4M, 132 salesHouses 2025: $1.3M, 145 salesHouses last 12 months: $1.3M, 143 salesHouses $1.3MCondos 2013: $100K, 18 salesCondos 2014: $133K, 20 salesCondos 2015: $152K, 19 salesCondos 2016: $150K, 19 salesCondos 2017: $207K, 9 salesCondos 2018: $186K, 19 salesCondos 2019: $172K, 20 salesCondos 2020: $182K, 19 salesCondos 2021: $220K, 27 salesCondos 2022: $270K, 21 salesCondos 2023: $311K, 20 salesCondos 2024: $344K, 13 salesCondos 2025: $265K, 18 salesCondos last 12 months: $274K, 16 salesCondos $274K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Florida

Miami Shores ranks 304th of 542 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Miami Shores is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Miami Shores home costs about $7,254 a month

Mortgage
Property tax
Insurance
Rent

Price: Miami Shores’ typical sale, last 12 months. Property tax at Miami Shores’ 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Miami Shores is affordable on local pay is on Cost of living.

Before you buy in Miami Shores

Six things worth knowing

28

New listings in February

The month with the most choice. December has the fewest, about 19.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $1.2M home, about $11,730 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Miami Shores, from test results, graduation and how much students grow.

Schools in Miami Shores
26 min

Typical commute

The average one-way trip to work for people who live in Miami Shores.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Biscayne Park, El Portal, North Bay Village, North Miami and Pinewood sell for less a square foot

The busier markets within 25 miles of Miami Shores, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
North Miami399$462K$3427%88
Miami Shores173$1.2M$6498%107
Bay Harbor Islands140$1.1M$6550%155
North Bay Village120$452K$4005%132
Pinewood66$498K$33718%109
Biscayne Park56$1.3M$6145%103
El Portal32$1M$57713%114

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Miami Shores, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Miami Shores. People who follow the town see it, and so do people comparing Miami Shores with their own town. No commission, no listing fee.

Questions about buying a home in Miami Shores

What do homes sell for in Miami Shores, FL?

173 homes sold in the year to September 2026 at a typical $1.2M, $649 a square foot. Houses sold for about $1.3M, condos for about $274K in the year to May 2026.

Is Miami Shores a buyer’s or seller’s market?

A seller’s market: 67 homes were for sale in September 2026 and 17 sold, about 3.9 months of supply. Buyers paid 93.9% of asking on average.

When is the best time to buy in Miami Shores?

February brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Miami Shores?

About 1% of a home’s value a year. On a $1.2M home that’s near $11,730.

Where can I see homes for sale in Miami Shores?

Zillow, Redfin, Realtor.com and Homes.com all carry Miami Shores’ MLS listings; the search links above open each one filtered to Miami Shores.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).