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

In October 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 393 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 $631,825 in October 2026, compared to $597,944 in October 2025.

Miami (33196), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33196), FL, was $775,000 in October 2026, compared to $694,000 in October 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 $379,500 in October 2026, compared to $355,000 in October 2025.

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

Median List Price
The median list price of lots/land in Miami (33196), FL, was $1,499,999 in October 2026, compared to $899,000 in October 2025.

Miami (33196), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33196), FL, was $298,500 in October 2026, compared to $675,000 in October 2025.

Miami (33196), FL Housing Market Analysis

There are currently 194 homes listed for sale in Miami (33196), FL, an increase of 53.97% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $945,118 (up 47.68% year-over-year), and the average price per square foot is $324 compared to $329 in 2025. Properties spend an average of 109 days on the market before going under contract.
194
for sale
121
for rent
393
sold
Median Price
$632K
Median SQFT Price
$324
SF Range
586 - 9,264 SF
Beds
1 - 8
Avg. Dom
109 days
Year Built
1974 - 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
$815,000
Commercial
0 room(s)
Miami
00 SW 205th Avenue, Miami FL 33196
New
For Sale
$895,000
House
4 bds · 3 ba · 3,444 sqft
COUNTRY WALK SEC 3,COUNTRY WALK, Miami
14920 SW 145th St, Miami FL 33196
New
For Sale
$640,000
House
3 bds · 2 ba · 1,449 sqft
PANACHE SEC 3, Miami
14815 SW 90th Ter, Miami FL 33196
New
For Sale
$764,500
House
4 bds · 2 ba · 2,102 sqft
SUNFISH AT THE HAMMOCKS, Miami
14716 SW 111th Ter, Miami FL 33196
New
For Sale
$825,000
House
4 bds · 2 ba · 2,319 sqft
FOREST LAKES ESTATES SEC, Miami
9010 SW 166th Pl, Miami FL 33196
New
For Sale
$850,000
House
4 bds · 2 ba · 1,719 sqft
ADVENTURE HOMES, Miami
14320 SW 147th Ct, Miami FL 33196
New
For Sale
$899,000
House
4 bds · 3 ba · 1,938 sqft
MILON VENTURE, Miami
15822 SW 140th St, Miami FL 33196
New
For Sale
$570,000
Townhouse
3 bds · 2 ba · 1,456 sqft
MONACO ESTATES AT KENDALL, Miami
16242 SW 97th Ter, Miami FL 33196

Market Trends nearby