Brickell Housing Market Snapshot
The Brickell housing and rental market remains active. The median home price is $749K, and the median rent is $3.8K per month. There are about 1.2K homes for sale and 1.3K rental listings. We're seeing modest 1.35% year-over-year home price growth, rents down 3.05%, and homes staying on the market 16.09% longer. This indicates a balanced supply and increased negotiation opportunities for both buyers and renters. This suggests a buyer’s market in Brickell because homes are staying on the market longer, rental prices are declining, and inventory remains relatively high, indicating that demand is not outpacing supply, giving buyers more negotiating power and time to choose properties.
Buyer Advantage in 2026
Brickell shows several indicators that point to a buyer’s market: inventory has increased to about 1,100 homes for sale, representing an 8.29% year-over-year rise, which gives buyers more options; homes are also taking longer to sell, with a median of 118 days on market, a 24.21% increase from last year, indicating slower buyer activity; at the same time, pricing growth has slowed, with the median home price around $750,000 and price per square foot declining slightly by about 0.65% year-over-year, suggesting sellers are facing pressure to price competitively; together, the higher supply, longer selling times, and softening price metrics signal that demand is not outpacing supply, giving buyers more negotiating power and flexibility in the market.
Neighborhood Home Price Differences
Brickell Business District: $819,000
Brickell Village: $692,500
West Brickell: $540,000
Lower Brickell: $1,501,500
Luxury areas like Jade: $1.6M+
The range shows both mid-range condos and luxury waterfront properties in the same market.
Neighborhood Rent Price Differences
Brickell Business District: $4,000 /mo
Brickell Village: $4,000 /mo
West Brickell: $3,065 /mo
Lower Brickell: $3,500 /mo
Luxury areas like Jade: $9,250 /mo
The median rent is $3.8K and there are 1.3K rentals currently available.
