Is Miami, TX 79059 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Miami is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market235Listing to accepted offer
Median price per sq ft$83

The Miami housing market right now

In the three months ending August 31, 2026, 0% of homes in Miami, TX 79059 sold above their list price, the typical home went under contract in 235 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

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Questions about Miami real estate

Is Miami a buyer’s or seller’s market?

A buyer’s market: there were 16 months of supply in Miami, TX 79059 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Miami?

The typical home went under contract in 235 days in the latest three months.

Do homes in Miami sell over asking?

0% of homes sold above their original list price.

What are property taxes in Miami?

About 1.11% of a home’s value a year in Roberts County, or roughly $4,440 on a $400,000 home.

What is the median home price in Miami?

The median sale price was $164,829 in the three months ending August 31, 2026, about $83 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology