In August 2026, the median home sale price in Miami (33157), FL was $699,000, with homes selling in an average of 71 days — slower than the 59-day average last year, suggesting buyers have more negotiating room. A total of 625 homes sold in this period, up from 597 last year — a sign of an active market.
The median list price of condos/co-ops in Miami (33157), FL, was $215,000 in August 2026, compared to $199,900 in August 2025.
Miami (33157), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33157), FL, was $637,500 in August 2026, compared to $517,450 in August 2025.
Miami (33157), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33157), FL, was $1,000,000 in August 2026, compared to $1,225,000 in August 2025.
Miami (33157), FL Housing Market Analysis
There are currently 279 homes listed for sale in Miami (33157), FL, an increase of 46.84% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $977,877 (up 4.94% year-over-year), and the average price per square foot is $424 compared to $407 in 2025. Properties spend an average of 108 days on the market before going under contract.
