The Downtown North Miami market

Market report · Neighbourhood · Nov 2024

The Downtown North Miami market, in numbers

Too few closed sales recently for a reliable read — the numbers below lean on longer windows.

Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.

Median rent

$2,200/mo

1 leases closed in Nov 2024

Low sample

Your questions, answered

Straight answers from Downtown North Miami’s closed transactions.

Is now a good time to buy?

Too few recent sales for a confident read — see the longer-run trend below.

How much room is there to negotiate?

Not enough closed sales this month to measure — the price-cut chart below is the best proxy.

When is the best time to list?

Closings peak in July 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?

Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.

Buying vs renting

To buy — median sale price

Sale price, $

—

To rent — median monthly rent

Monthly rent, $

$2,200/mo

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

Market depth

Supply and demand

Listings per month

Jul 2026 — 0 closed · 0 new · 4 active

Aug ’24

Nov ’24

Feb ’25

May ’25

Aug ’25

Nov ’25

Feb ’26

May ’26

ClosedActive (on market)New listings

Seasonality

Avg closings

Listings move fastest in July

0.1

0.2

0.30000000000000004

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

Price-cut pressure

% of active listings

Jul 2026 — 100% of active listings cut · median cut 3.8%

25%

50%

75%

100%

Aug ’24

Nov ’24

Feb ’25

May ’25

Aug ’25

Nov ’25

Feb ’26

May ’26

3-month averageSingle month

HOA fees per sqft

$ per sqft, monthly

Too few closed transactions to chart HOA fees here.

Median monthly HOA fee per square foot among closed sales.

How neighbourhoods compare across Miami

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

College Groves

$8.74M↑ +192.1% YoY

Ponce-Davis

$7.97M

Miami International Airport

$6.69M

Helms Country Estates

$4.17M

$3.28M↑ +112.2% YoY

$2.93M

$2.68M

$2.65M↑ +149.6% YoY

$2.14M↑ +25.7% YoY

$2.05M

$2.03M

$2.02M

$1.89M↑ +78.8% YoY

$1.82M↓ −12.6% YoY

$1.7M

$1.66M↓ −27.5% YoY

$1.54M↑ +87.8% YoY

$1.53M↑ +7.4% YoY

$1.5M

$1.31M↑ +35.7% YoY

$1.3M↓ −0.5% YoY

$1.14M↑ +1886.8% YoY

$1.01M↑ +47.9% YoY

100 Hidden Bay Condominiums

$984k

$954k

$939k↑ +32.8% YoY

$887k

$833k

$805k↑ +687.0% YoY

$793k

$784k

$777k↓ −9.1% YoY

Allapattah Sunny Gardens

$775k

$770k↑ +133.2% YoY

$766k

$756k↑ +33.2% YoY

$756k↓ −3.1% YoY

$724k

$724k↑ +23.7% YoY

$711k↓ −67.0% YoY

$672k↓ −63.8% YoY

$666k

Grapeland Heights Estates

$633k↑ +58.0% YoY

$630k↓ −4.3% YoY

$627k↓ −54.2% YoY

$620k↑ +5.2% YoY

$618k↑ +11.2% YoY

$610k↑ +36.7% YoY

$600k

55 Merrick Condominiums

$595k

$592k↑ +24.7% YoY

$575k↑ +76.8% YoY

$574k↓ −34.6% YoY

$573k↑ +5.0% YoY

$559k↑ +13.4% YoY

$557k↓ −16.7% YoY

$535k↑ +19.7% YoY

$534k↑ +1.1% YoY

$533k↑ +5.7% YoY

$530k↑ +71.5% YoY

$529k↑ +2.0% YoY

$519k

$519k

$515k↑ +42.9% YoY

$512k↑ +9.6% YoY

$509k↓ −27.2% YoY

$498k↓ −17.7% YoY

$493k

Westview Country Club

$489k

Little Haiti

$485k↑ +25.0% YoY

Oak Grove

$477k↓ −12.1% YoY

Mystic Pointe at Aventura

$474k↓ −5.4% YoY

$473k↓ −55.7% YoY

$470k↓ −29.7% YoY

$467k↓ −2.0% YoY

$467k↑ +21.8% YoY

$467k↑ +14.3% YoY

$462k↑ +16.0% YoY

$460k↓ −0.5% YoY

$453k

$450k↑ +13.6% YoY

$450k

$448k↓ −24.8% YoY

Biscayne Yacht and Country Club

$433k↓ −1.7% YoY

North Shore Heights

$425k↓ −2.9% YoY

Winston Park

$417k↓ −4.0% YoY

Gables Court

$412k↓ −24.9% YoY

University Inn Condominium

$410k

$409k↓ −48.0% YoY

$390k↓ −32.5% YoY

$367k↓ −15.1% YoY

$358k↑ +50.8% YoY

$353k

$353k

$351k↑ +84.5% YoY

$342k↑ +56.9% YoY

$330k↓ −35.9% YoY

$328k↓ −23.3% YoY

$324k

100

Parc Central Aventura

$321k

101

International Gardens

$317k↓ −9.0% YoY

102

Riverside Manor

$310k

103

Kendale Lakes West

$301k↑ +9.7% YoY

104

Aqua Vista Towhhomes

$300k

105

Kings Meadow

$300k

106

Highland Village

$290k

107

California Club

$285k↓ −47.8% YoY

108

Heron of the Hammocks

$283k

109

Kendale Lakes Center

$252k

110

Ojus

$250k↓ −18.1% YoY

111

Andover Lakes

$244k↓ −69.2% YoY

112

Bayview Palms Condominiums

$193k

113

Gateway House Condominium

$170k

114

Bayview Palms

$155k

115

Crestview Towers

$108k↓ −44.5% YoY

Homes for sale in Downtown North Miami →Rentals in Downtown North Miami →

Based on 1 closed transactions over the period shown · Updated Aug 9, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.