Why Live in Miami
Miami, pronounced my-am-uh, is a neighborhood with deep ties to Native American tribes, including the Ottawa Tribe from whom the land was purchased in the 1890s. Nearly a dozen tribes are headquartered in or around Miami, contributing significantly to the local economy through tribal casinos. The area spans 10 square miles and has a population of about 13,000, offering affordable housing with a median home price of approximately $125,000. Miami has embraced its history, particularly Historic Route 66, which runs through Main Street. This area features attractions like Waylan's Ku-Ku drive-in and the Coleman Theatre Beautiful, a Spanish Colonial Revival building from the 1920s. The Oklahoma Route 66 Heritage Fest is a notable event, featuring live music, food trucks, and activities. Miami residents often travel to Joplin, Missouri, 30 miles away, or Tulsa, Oklahoma, 90 miles away, for shopping. Dining options within Miami range from diners to Mexican and Italian restaurants. The neighborhood is served by Miami Public Schools, which have a low student-to-teacher ratio. Northeastern Oklahoma A&M offers various associate degrees. Miami boasts 11 parks, the largest municipal pool in the state, and the Route 66 Miami Splash Pad. Grand Lake, 20 miles south, is popular for fishing. The Neosho River can cause flooding, but recent FEMA grants aim to mitigate this issue. Miami experiences long, hot summers and tornado threats in spring. Crime rates are lower than the national average, with property crimes decreasing by about 27% from 2023 to 2024.
Frequently Asked Questions
What is the average home price in Miami, OK?
Homes for sale in Miami, OK have an average home price of $183,832.
How many homes have sold over the last 12 months in Miami, OK?
218 homes have sold in Miami, OK over the last 12 months.
What are the most popular zip codes in Miami, OK?
How much do you need to make to afford a house in Miami?
The median home price in Miami is $139,900. If you put a 20% down payment of $28,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $730 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $31K a year to afford the median home price in Miami.
How are the schools in Miami, OK?
Home Trends in Miami, OK
On average, homes in Miami, OK sell after 37 days on the market compared to the national average of 50 days. The median sale price for homes in Miami, OK over the last 12 months is $129,500, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$129,500
Median Single Family Sale Price
$129,950
Average Price Per Sq Ft
$97
Number of Homes for Sale
65
Last 12 months Home Sales
218
Median List Price
$139,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
13%
