How did home prices perform in Miami Springs during April?

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The median sale price of a home sold in April in Miami Springs rose by $107,500 while total sales decreased by 83.3 percent, according to BlockShopper.com.

In April, there were three homes sold, with a median sale price of $550,000 - a 24.3 percent increase over the $442,500 median sale price for the same period of the previous year. There were 18 homes sold in Miami Springs in April 2021.

The median sales tax in Miami Springs for the most recent year with available data, 2019, was $5,153, approximately 0.9 percent of the median home sale price for April.

The following table compares Miami Springs to other Miami-Dade County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Palmetto Bay361-95.1$875,400$670,00030.7
Sweetwater111-90.9$835,000$244,000242.2
Miami Lakes135-97.1$816,000$436,00087.2
Miami (unincorporated) 22725-97$782,500$331,000136.4
North Bay Village129-96.6$690,000$330,000109.1
Miami Springs318-83.3$550,000$442,50024.3
Miami237850-72.1$512,000$350,00046.3
Miami Beach151482-68.7$510,000$550,000-7.3
Homestead3242-98.8$475,000$197,500140.5
Hialeah69196-64.8$375,000$250,55049.7
North Miami Beach1878-76.9$332,000$263,50026

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