U.S. home prices have remained high for over two years due to inflation and low inventory but are now growing more slowly as demand cools and sellers offer discounts. In Miami, the median sale price is $562,000, down 1.4% year-over-year but up 0.8% month-over-month, marking an 88% increase since 2019. Nationwide, the median price is $429,650, up 1.1% year-over-year and 1.5% month-over-month, a 56.8% rise since 2019.