Explore Miami, OK - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$48,500

Market Insights

Miami's real estate market is experiencing a price correction, with values down 69.5% from last year. Home prices have decreased 70.2% in the past month. At the current sales pace, it would take over 10.0 months to sell all available homes in Miami, indicating an oversupplied market. Homes are taking about 14 days to sell, which is -6 days longer than this time last year. A significant 30.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Miami market with the affordability index at 19.2. Based on current market indicators, home prices in Miami are projected to increase by approximately 12.9% over the next month.

Demographics market for - Miami, OK

Total Population -

9,583

White Population

88.51%

Black Population

2.85%

Mexican88.87% (6.42% of total population)
Puerto Rican2.60% (0.19% of total population)
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan4.62% (0.33% of total population)
Honduran0.87% (0.06% of total population)
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0.87% (0.06% of total population)
Ecuadorian1.16% (0.08% of total population)
Peruvian0%
Uruguyan0%
Venezuelan1.01% (0.07% of total population)

Indian 0.14% (0.01% of total population)
Bangladeshi 0%
Chinese 2.60% (0.19% of total population)
Bhutanese 0%
Burmese 0%
Filipino 1.88% (0.14% of total population)
Hmong 0.72% (0.05% of total population)
Indonesian 0%
Japanese 2.31% (0.17% of total population)
Korean 2.60% (0.19% of total population)
Laotian 0.43% (0.03% of total population)
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0.58% (0.04% of total population)
Vietnamese 3.47% (0.25% of total population)

Hawaiian3.90% (0.28% of total population)
Samoan0%
Chamorro0%
Fijian0%
Marshallese1.01% (0.07% of total population)

Crime for - Miami, OK

Kidnapping/Abduction50.00%
Kidnapping/Abduction50.00%

Fraud Offenses75.00%
Extortion/Blackmail6.25%
Arson6.25%
Counterfeiting/Forgery6.25%
Embezzlement6.25%

Stolen Property Offenses3.35%
Motor Vehicle Theft0.56%
Larceny/Theft Offenses87.15%
Destruction/Damage/Vandalism of Property6.70%
Burglary/Breaking & Entering2.23%

Homicide Offenses100.00%

Assault Offenses100.00%

Real Estate Market Prediction for - Miami, OK

City Hotspots

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Nearby Cities From- Miami, OK

North Miami, OK

Commerce, OK

Dotyville, OK

Narcissa, OK

Quapaw, OK