From July through December of 2021, there were 503 homes sold, with a median sale price of $265,000 - a 10.3% increase over the $240,250 median sale price for the same period of the previous year. There were 314 homes sold in North Miami in the second half of 2020.
The median sales tax in North Miami for the most recent year with available data, 2019, was $2,400, approximately 0.9% of the median home sale price for the second half of 2021.
The following table compares North Miami to other Miami-Dade County cities with similar median sale prices in the second half of 2021:
City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Florida City (unincorporated) | 26 | 7 | 271.4% | $296,000 | $112,000 | 164.3% |
North Miami Beach | 396 | 212 | 86.8% | $294,500 | $270,000 | 9.1% |
Opa-Locka | 69 | 38 | 81.6% | $286,000 | $240,000 | 19.2% |
Hialeah | 1,061 | 589 | 80.1% | $273,400 | $265,000 | 3.2% |
Brownsville | 125 | 60 | 108.3% | $270,000 | $220,000 | 22.7% |
North Miami | 503 | 314 | 60.2% | $265,000 | $240,250 | 10.3% |
Homestead | 682 | 500 | 36.4% | $260,000 | $235,000 | 10.6% |
Florida City | 52 | 39 | 33.3% | $259,000 | $160,000 | 61.9% |
Hialeah (unincorporated) | 319 | 184 | 73.4% | $255,000 | $248,500 | 2.6% |
Hialeah Gardens | 109 | 58 | 87.9% | $235,000 | $289,500 | -18.8% |
North Miami Beach (unincorporated) | 11 | 9 | 22.2% | $185,000 | $185,000 | 0% |