Is Miami, AZ 85539 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Miami is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$174▲ +25.3% vs. last year

The Miami housing market right now

In the three months ending August 31, 2026, 17% of homes in Miami, AZ 85539 sold above their list price, the typical home went under contract in 50 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (32 days then) and the median sale price rose 134% to $319,112. Overall, Miami is less competitive than a year ago, which gives buyers more room.

Within Gila County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Young 85554 (0% sold over asking) or Tonto Basin 85553 (0% sold over asking).

Nearby markets

Globe 85501Balanced $137 /sq ftHayden 85135Seller’s market — /sq ftPayson 85541Buyer’s market $298 /sq ftPine 85544Balanced $354 /sq ft Browse all markets →

Where Miami is

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Questions about Miami real estate

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

A balanced market: there were 4.3 months of supply in Miami, AZ 85539 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 50 days in the latest three months.

Do homes in Miami sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Miami?

About 0.51% of a home’s value a year in Gila County, or roughly $2,040 on a $400,000 home.

What is the median home price in Miami?

The median sale price was $319,112 in the three months ending August 31, 2026, about $174 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