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Real Estate Market Trends and Analytics in Miami (33157), FL

In October 2026, the median home sale price in Miami (33157), FL was $699,000, with homes selling in an average of 76 days — slower than the 65-day average last year, suggesting buyers have more negotiating room. A total of 629 homes sold in this period, up from 604 last year — a sign of an active market.
View all properties for sale in Miami (33157), FL

Miami (33157), FL Market Trend

Median List Price
The median list price of Miami (33157), FL, was $737,500 in October 2026, compared to $699,888 in October 2025.

Miami (33157), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33157), FL, was $790,000 in October 2026, compared to $725,000 in October 2025.

Miami (33157), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Miami (33157), FL, was $207,500 in October 2026, compared to $229,000 in October 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 October 2026, compared to $549,900 in October 2025.

Miami (33157), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33157), FL, was $499,000 in October 2026, compared to $987,500 in October 2025.

Miami (33157), FL Housing Market Analysis

There are currently 272 homes listed for sale in Miami (33157), FL, an increase of 33.33% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $928,827 (up 3.50% year-over-year), and the average price per square foot is $427 compared to $402 in 2025. Properties spend an average of 109 days on the market before going under contract.
273
for sale
158
for rent
629
sold
Median Price
$740K
Median SQFT Price
$426
SF Range
594 - 4,894 SF
Beds
1 - 6
Avg. Dom
109 days
Year Built
1939 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $433K
Median Monthly Mortgage $2K/mo
Median Rent $1K/mo
Homeownership Rate 65.5%
Cost Burden 24.0%

Foreclosure Risk Score

36/100 MODERATE
30-Year Mortgage Rate 6.71%
Local Unemployment 3.7%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Miami (33157), FL

For Sale
$1,289,000
House
5 bds · 4 ba · 4,717 sqft
CUTLER CAY, Cutler Bay
7876 SW 194th St, Cutler Bay FL 33157
For Sale
$1,250,000
House
5 bds · 4 ba · 3,399 sqft
CUTLER CAY, Cutler Bay
7956 SW 195th St, Cutler Bay FL 33157
For Sale
$894,995
House
5 bds · 3 ba · 2,276 sqft
FAIRWAY LAKE SOUTH SEC 2, Miami
10830 SW 160th St, Miami FL 33157
New
For Sale
$280,000
Commercial
0 room(s)
Palmetto Bay
7290 SW 168, Palmetto Bay FL 33157
New
For Sale
$1,725,000
House
4 bds · 4 ba · 3,207 sqft
LYCHEE NUT GROVE, Palmetto Bay
15255 SW 80th Ave, Palmetto Bay FL 33157
New
For Sale
$1,800,000
House
4 bds · 3 ba · 3,151 sqft
WHISPERING PINES ESTS SEC, Cutler Bay
19310 SW 88th Ct, Cutler Bay FL 33157
New
For Sale
$1,274,500
House
4 bds · 2 ba · 2,081 sqft
SOUTHWOOD 8TH ADDN, Palmetto Bay
16401 SW 82nd Ave, Palmetto Bay FL 33157
New
For Sale
$1,090,000
House
4 bds · 3 ba · 2,205 sqft
SECTION TWENTY BEL AIRE, Palmetto Bay
8880 SW 183rd Ter, Palmetto Bay FL 33157

Market Trends nearby