In August 2026, the median home sale price in Miami (33196), FL was $619,000, with homes selling in an average of 68 days — slower than the 62-day average last year, suggesting buyers have more negotiating room. A total of 391 homes sold in this period, up from 377 last year — a sign of an active market.
The median list price of condos/co-ops in Miami (33196), FL, was $317,000 in August 2026, compared to $337,500 in August 2025.
Miami (33196), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33196), FL, was $1,495,000 in August 2026, compared to $899,000 in August 2025.
Miami (33196), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33196), FL, was $670,000 in August 2026, compared to $324,000 in August 2025.
Miami (33196), FL Housing Market Analysis
There are currently 182 homes listed for sale in Miami (33196), FL, an increase of 65.45% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $893,408 (up 52.79% year-over-year), and the average price per square foot is $330 compared to $328 in 2025. Properties spend an average of 97 days on the market before going under contract.
