In November 2026, the median home sale price in Miami (33131), FL was $670,000, with homes selling in an average of 123 days — slower than the 110-day average last year, suggesting buyers have more negotiating room. A total of 551 homes sold in this period, down from 623 last year.
The median list price of condos/co-ops in Miami (33131), FL, was $739,000 in November 2026, compared to $697,000 in November 2025.
Miami (33131), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33131), FL, was $295,000 in November 2026, compared to $0 in November 2025.
Miami (33131), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33131), FL, was $875,000 in November 2026, compared to $1,100,000 in November 2025.
Miami (33131), FL Housing Market Analysis
There are currently 881 homes listed for sale in Miami (33131), FL, an increase of 140.71% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $1,451,424 (up 17.49% year-over-year), and the average price per square foot is $729 compared to $703 in 2025. Properties spend an average of 206 days on the market before going under contract.
