Central Downtown Housing Market Report February 2025•Miami-Dade County, Florida

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Housing Prices in Central Downtown, FL

How much do homes in Central Downtown, FL cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$399,000$402/SqFt
+$17,100
+4.5%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Central Downtown has increased by 4.5% since last year.

Summary: The median home list price in Central Downtown was $399,000 in February 2025, up 4.5% from the previous year, and the median price per square foot was $402.

Median List Price By Neighborhoods

Median List Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Civic Center
+19.2%
Downtown
+13.8%
Little Havana
+8.4%
Central Downtown
+4.5%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$235K$235K
0.0%
2$488.9K$357K
-27.0%
3$402.5K$574.5K
+42.7%
4$850K$2.4M
+191.2%
5-$2.0M
N/A

Summary: Central Downtown housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -27.0%. The home price for 3 bedroom homes increased by +42.7%. The home price for 4 bedroom homes increased by +191.2%. The home price for 5 bedroom homes did not change.

How does Central Downtown, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Central Downtown, FL

Housing supply in Central Downtown, FL

How many homes are available in Central Downtown, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
14Last MonthFeb 2025
112 months agoJan 2025
+27.3 %
Change MoMJan – Feb

Summary: The Central Downtown real estate market had 14 homes for sale in Feb 2025, a 27.3 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
111
0.0%
245
+25.0%
345
+25.0%
412
+100.0%
511
0.0%

Summary: Central Downtown housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Central Downtown, FL

How long does it take to sell a home in Central Downtown, FL?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
161 DaysThis YearFeb 2025
139 Days1 year agoFeb 2024
+15.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Central Downtown had an average listing age of 161 days in Feb 2025, up by 15.6% compared to the previous year.

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Newest Listings in Central Downtown, FL

What homes are available in Central Downtown, FL?

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MLS Disclaimers and Copyright

Based on information from Miami MLS, for the period 03/01/2023 - 03/01/2025

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.