In September 2026, the median home sale price in Miami (33131), FL was $665,000, with homes selling in an average of 120 days — slower than the 106-day average last year, suggesting buyers have more negotiating room. A total of 568 homes sold in this period, down from 613 last year.
The median list price of condos/co-ops in Miami (33131), FL, was $750,000 in September 2026, compared to $699,000 in September 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 September 2026, compared to $0 in September 2025.
Miami (33131), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33131), FL, was $750,000 in September 2026, compared to $1,749,000 in September 2025.
Miami (33131), FL Housing Market Analysis
There are currently 846 homes listed for sale in Miami (33131), FL, an increase of 156.36% 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 $1,409,365 (up 27.04% year-over-year), and the average price per square foot is $736 compared to $683 in 2025. Properties spend an average of 198 days on the market before going under contract.
