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Real Estate Market Trends and Analytics in Miami (33196), FL

In September 2026, the median home sale price in Miami (33196), FL was $619,000, with homes selling in an average of 67 days — slower than the 65-day average last year, suggesting buyers have more negotiating room. A total of 395 homes sold in this period, up from 376 last year — a sign of an active market.
View all properties for sale in Miami (33196), FL

Miami (33196), FL Market Trend

Median List Price
The median list price of Miami (33196), FL, was $639,900 in September 2026, compared to $597,944 in September 2025.

Miami (33196), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33196), FL, was $760,000 in September 2026, compared to $725,000 in September 2025.

Miami (33196), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Miami (33196), FL, was $355,000 in September 2026, compared to $350,000 in September 2025.

Miami (33196), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Miami (33196), FL, was $1,450,000 in September 2026, compared to $899,000 in September 2025.

Miami (33196), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33196), FL, was $280,000 in September 2026, compared to $619,000 in September 2025.

Miami (33196), FL Housing Market Analysis

There are currently 201 homes listed for sale in Miami (33196), FL, an increase of 79.46% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,025,049 (up 28.81% year-over-year), and the average price per square foot is $324 compared to $325 in 2025. Properties spend an average of 101 days on the market before going under contract.
201
for sale
127
for rent
395
sold
Median Price
$640K
Median SQFT Price
$324
SF Range
588 - 9,264 SF
Beds
1 - 8
Avg. Dom
101 days
Year Built
1960 - 2028
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $428K
Median Monthly Mortgage $2K/mo
Median Rent $2K/mo
Homeownership Rate 67.4%
Cost Burden 25.9%

Foreclosure Risk Score

41/100 ELEVATED
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 (33196), FL

New
For Sale
$720,000
House
3 bds · 3 ba · 1,844 sqft
GARDEN ESTATES AT THE HAMM, Miami
11744 SW 151st Path, Miami FL 33196
New
For Sale
$639,900
Townhouse
4 bds · 3 ba · 2,254 sqft
Century Garden South, Miami
15720 SW 136th Way, Miami FL 33196
New
For Sale
$950,000
House
4 bds · 2 ba · 2,158 sqft
RIVER BEND SEC 1, Miami
15170 SW 153rd Pl, Miami FL 33196
16347 SW 88th St, Miami FL 33196
New
For Sale
$199,000
Commercial
0 room(s)
Miami
16347 SW 88th St, Miami FL 33196
New
For Sale
$730,000
House
5 bds · 3 ba · 2,230 sqft
JASMINE AT THE HAMMOCKS 1, Miami
10840 SW 153rd Ct, Miami FL 33196
New
For Sale
$550,000
Townhouse
3 bds · 2 ba · 1,490 sqft
FOREST LAKES VILLAS, Miami
16525 SW 97th Ter, Miami FL 33196
New
For Sale
$1,100,000
House
4 bds · 3 ba · 3,045 sqft
CRESTVIEW WEST,Serenity, Miami
15932 SW 136th Way, Miami FL 33196
New
For Sale
$999,999
House
4 bds · 3 ba · 2,623 sqft
GARDEN HILLS SUB, Miami
15822 SW 103rd Ln, Miami FL 33196

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