What to Expect from the 2026 Real Estate Market

After a slower couple of years in real estate, 2026 is shaping up to be a year of renewed movement for buyers and sellers across Miami and the Florida Keys. Expert forecasts show that more people are expected to make a move as the market begins to regain balance.

One major factor driving this shift is mortgage rates. After peaking near 7% earlier this year, rates have started to ease. While the drop won’t happen overnight, projections suggest a gradual decline into the low 6% or even high 5% range by next year. Even small reductions can save buyers hundreds of dollars a month, improving overall affordability across South Florida markets.

Another key factor is home prices. Nationally, values are still expected to rise—but at a slower, steadier pace. That moderation means buyers will have more confidence when planning their budgets. And for sellers, continued price growth, even at modest levels, helps preserve strong equity positions after years of appreciation.

In Miami, Key Largo, and Islamorada, local inventory levels will continue to shape trends. Markets with more listings may see smaller price increases, while low-supply areas could stay competitive. Overall, experts agree the stage is set for a healthier, more active real estate market in 2026, giving both buyers and sellers renewed opportunity. Realtors with The Selling Properties Group powered by LPT Realty are watching the shifts closely to help clients make their next move confidently.