Year-over-year, Overtown’s rolling three-month median sale price has slipped slightly, down about 2% to roughly $300,000, even as the broader Miami market posted moderate price gains. Inventory has tightened sharply compared with last year, with active listings falling by nearly half while months of supply has moved down from about 20 months to around 12, pointing to a less saturated but still slow-moving market.
In the latest three-month period ending in September 2026, homes are taking much longer to sell, with the median days on market stretching to 352 days, more than double last year’s pace. Very few properties are selling above list price now, and the average sale-to-list ratio of about 97% indicates buyers often have room to negotiate.
Sales activity shows a mixed picture in this rolling window, as the number of homes sold is roughly flat compared with a year ago while pending sales are down by about a third, signaling softer demand ahead. At the same time, new listings are slightly below last year’s level, keeping overall options limited for buyers even with a neutral market balance between buyers and sellers. In a setting where pricing, timing, and negotiation can be tricky for both buyers and sellers, Agent Pronto can connect you with a local Overtown agent who understands these dynamics and can help you move confidently.
