The Town Center Miami Gardens market

Market report · Neighbourhood · Aug 2026

The Town Center Miami Gardens market, in numbers

Part of Miami Gardens — see the Miami Gardens report

Homes in Town Center Miami Gardens typically sell in about 56 days, close around 6.0% under ask, prices are down 15.9% on a year ago. With 34.0 months of inventory, it’s a buyer’s market.

Median sale price

$506k

↓ −15.9% YoY

3 sales closed in Aug 2026

Median rent

$2,800/mo

↑ +47.4% MoM↑ +4.7% YoY

3 leases closed in Aug 2026

Time to sell

56 days

typical days on market

Days from listing to going under contract.

Negotiation room

6.0% under ask

typical closing vs asking price

How far below the asking price homes typically close.

Months of inventory

34.0 mo

buyer’s market

Low sample

Active listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.

Gross rental yield

6.6%

yearly rent ÷ sale price

A year of median rent as a share of the median sale price.

Sells 11 days faster than Miami Gardensdays on market

Your questions, answered

Straight answers from Town Center Miami Gardens’s closed transactions.

What does a home here cost?

The median sale closed at $506k in Aug 2026, down 15.9% on a year ago. Typical sales ranged $370k–$546k.

What income do you need to buy here?

At a 6.5% 30-year mortgage with 20% down, the median home runs about $3,360/mo including taxes — comfortable at a household income around $134k a year, using the 30% rule. Renting instead costs $2,800/mo.

Is now a good time to buy?

34.0 months of inventory points to a buyer’s market, and sellers are accepting about 6.0% under ask. Prices have eased over the past year, which favors patient buyers.

How fast do homes sell?

About 56 days from listing to contract in Aug 2026. The pace picks up toward August and slows around January.

How much room is there to negotiate?

Closings typically land 6.0% under asking price, and 47% of active listings have already reduced their price (median cut 6.3%).

When is the best time to list?

Closings peak in August and bottom out around January. Listing four to six weeks ahead of the peak historically gets the most eyes.

Is it a good rental investment?

A year of median rent ($2,800/mo) equals 6.6% of the median sale price, before fees and taxes.

Buying vs renting

Price-to-rent ratio is 15.1 — buying typically starts to beat renting after roughly 5–7 years here.

To buy — median sale price

Sale price, $

$506k↓ −15.9% YoY

Aug 2026 — median $506k · 3 sales · 56 days on market

$200k

$400k

$600k

$800k

Oct ’25

Dec ’25

Feb ’26

Apr ’26

Jun ’26

Aug ’26

To rent — median monthly rent

Monthly rent, $

$2,800/mo↑ +47.4% MoM↑ +4.7% YoY

Aug 2026 — median $2,800/mo · 3 leases · 31 days on market

$1,000

$2,000

$3,000

$4,000

Oct ’25

Dec ’25

Feb ’26

Apr ’26

Jun ’26

Aug ’26

MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.

What each size costs

Medians over the last 12 months.

Beds

To buy

To rent

Volume

Studio

—

$1,300/mo

1 closed Low sample

1 bed

$85k

$1,431/mo

7 closed Low sample

2 beds

$444k

$2,160/mo

7 closed Low sample

3 beds

$445k

$2,879/mo

24 closed

What sells here

Sales mix and median price by property type, last 12 months.

Condo

$85k

5% of sales · 1 closed

Low sample

House

$480k

86% of sales · 19 closed

Townhouse

$388k

9% of sales · 2 closed

Low sample

Market depth

Supply and demand

Listings per month

Sep 2026 — 0 closed · 5 new · 34 active

Oct ’24

Jan ’25

Apr ’25

Jul ’25

Oct ’25

Jan ’26

Apr ’26

Jul ’26

ClosedActive (on market)New listings

Seasonality

Avg closings

Listings move fastest in August

Average closings by calendar month, drawn from at least two years of history.

Price-cut pressure

% of active listings

Sep 2026 — 47% of active listings cut · median cut 6.3%

25%

50%

75%

Oct ’24

Jan ’25

Apr ’25

Jul ’25

Oct ’25

Jan ’26

Apr ’26

Jul ’26

3-month averageSingle month

HOA fees per sqft

$ per sqft, monthly

$0.09 per sqft · May 2026

$0.00

$0.10

$0.20

$0.30

$0.40

Oct ’24

Jan ’25

Apr ’25

Jul ’25

Oct ’25

Jan ’26

Apr ’26

Jul ’26

Median monthly HOA fee per square foot among closed sales.

How neighbourhoods compare across Miami Gardens

Median sale price, last 12 months. Tap a row to open its report.

$545k↑ +1.4% YoY

$537k↑ +4.8% YoY

$509k↑ +17.5% YoY

$487k

North Country-Riverdale

$480k↓ −8.4% YoY

Town Center Miami Gardens

$459k↓ −15.9% YoY

Homes for sale in Town Center Miami Gardens →Rentals in Town Center Miami Gardens →

Based on 69 closed transactions over the period shown · Updated Oct 4, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.