In August 2026, the median home sale price in Miami (33161), FL was $675,000, with homes selling in an average of 96 days — slower than the 77-day average last year, suggesting buyers have more negotiating room. A total of 337 homes sold in this period, up from 321 last year — a sign of an active market.
The median list price of condos/co-ops in Miami (33161), FL, was $161,750 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 $734,500 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 $1,450,000 in August 2026, compared to $845,000 in August 2025.
Miami (33161), FL Housing Market Analysis
There are currently 267 homes listed for sale in Miami (33161), FL, an increase of 102.27% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $843,900 (down 5.84% year-over-year), and the average price per square foot is $331 compared to $369 in 2025. Properties spend an average of 140 days on the market before going under contract.
