Doral Housing Market Update: Prices Steady, Inventory Elevated Entering Spring
Doral, FL – March 15, 2026 – Home prices are steady near $615K as inventory tops 580 listings and rents ease, signaling a more balanced spring market.
Doral Housing Market Snapshot
- Median sale price: $615,000 in February, up 0.8% year over year.
- About 59 homes sold in February, with homes averaging roughly 99 days on market.
- Inventory remains elevated, with roughly 583–605 homes listed in late February and mid-March.
The Doral market is trending toward balance this spring. Recent data show the median sale price at $615,000 in February, with homes typically selling below list price and taking just over three months to go under contract. The sale-to-list ratio has hovered around 96%, and price reductions have become more common compared to last year.
Active listings are up, with more than 580 homes for sale by the end of February and over 600 properties reported on the MLS in mid-March. That added supply is giving buyers more negotiating room than during the peak frenzy years.
What’s Happening With Values and Rents
Zillow’s latest data put the typical Doral home value near $544,000 as of late January, down about 2.8% from a year earlier. Median list prices have been in the mid-$560,000s, reinforcing a market where sellers are adjusting expectations.
On the rental side, the average apartment rent is about $2,819, down roughly 1.8% year over year. One-bedroom units average around $2,501, while two-bedrooms approach $2,977. Softer rents may influence investor activity and condo demand in the months ahead.
What’s for Sale Right Now
- Luxury single-family homes in the $3M–$4M+ range, many with 5–6 bedrooms and over 5,000 square feet.
- Townhomes and smaller single-family properties priced closer to the city’s median, often with updated interiors and HOA amenities.
- Condos and investment-oriented units competing amid higher overall inventory.
With more choices and slightly longer marketing times, buyers this spring may find improved leverage, especially on properties that have been listed for several weeks.
Are you seeing more price cuts or quicker contracts in your part of Doral?
Sources
https://www.redfin.com/city/4639/FL/Doral/housing-market
https://www.zillow.com/home-values/44955/doral-fl/
https://www.rentcafe.com/average-rent-market-trends/us/fl/doral/
https://www.zfc.com/real-estate/Doral/