In August 2026, the median home sale price in Miami (33161), FL was $675,000, with homes selling in an average of 99 days — slower than the 77-day average last year, suggesting buyers have more negotiating room. A total of 332 homes sold in this period, matching last year's pace.
The median list price of condos/co-ops in Miami (33161), FL, was $160,000 in August 2026, compared to $166,000 in August 2025.
Miami (33161), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33161), FL, was $1,010,000 in August 2026, compared to $765,000 in August 2025.
Miami (33161), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33161), FL, was $1,250,000 in August 2026, compared to $765,000 in August 2025.
Miami (33161), FL Housing Market Analysis
There are currently 277 homes listed for sale in Miami (33161), FL, an increase of 106.72% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $888,522 (up 3.55% year-over-year), and the average price per square foot is $365 compared to $369 in 2025. Properties spend an average of 140 days on the market before going under contract.
