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

In November 2026, the median home sale price in Miami (33196), FL was $620,000, with homes selling in an average of 64 days — faster than the 67-day average last year, indicating stronger demand. A total of 390 homes sold in this period, up from 387 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 $599,450 in November 2026, compared to $619,000 in November 2025.

Miami (33196), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33196), FL, was $764,500 in November 2026, compared to $679,000 in November 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 $359,950 in November 2026, compared to $395,000 in November 2025.

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

Median List Price
The median list price of lots/land in Miami (33196), FL, was $1,750,000 in November 2026, compared to $0 in November 2025.

Miami (33196), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33196), FL, was $450,000 in November 2026, compared to $925,000 in November 2025.

Miami (33196), FL Housing Market Analysis

There are currently 202 homes listed for sale in Miami (33196), FL, an increase of 64.23% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $911,698 (up 25.71% year-over-year), and the average price per square foot is $322 compared to $326 in 2025. Properties spend an average of 111 days on the market before going under contract.
202
for sale
126
for rent
390
sold
Median Price
$599K
Median SQFT Price
$322
SF Range
586 - 9,264 SF
Beds
1 - 8
Avg. Dom
111 days
Year Built
1974 - 2024
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

44/100 ELEVATED
30-Year Mortgage Rate 7.24%
Local Unemployment 3.2%

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

For Sale
$225,000
Condo/Co-op
1 bds · 1 ba · 651 sqft
VISTA LAGO AT THE HAMMOCK, Miami
10680 SW 155th Pl # 1405, Miami FL 33196
For Sale
$495,000
Townhouse
3 bds · 2 ba · 1,638 sqft
JASMINE AT THE HAMMOCKS, Miami
15283 SW 111th St # 18, Miami FL 33196
For Sale
$374,900
Condo/Co-op
2 bds · 2 ba · 880 sqft
LAKEWOOD ESTATES PATIO HO, Miami
9690 SW 152nd Ave # 25, Miami FL 33196
For Sale
$289,500
Condo/Co-op
2 bds · 2 ba · 918 sqft
VISTA LAGO AT THE HAMMOCK,VISTA LAGO, Miami
15560 SW 106th Ln # 1310, Miami FL 33196
New
For Sale
$319,900
Condo/Co-op
2 bds · 2 ba · 1,053 sqft
BISCAYNE BEACH CLUB CONDO, Miami
10500 SW 155th Ct # 1022, Miami FL 33196
New
For Sale
$319,900
Condo/Co-op
2 bds · 2 ba · 1,053 sqft
BISCAYNE BEACH CLUB CONDO, Miami
15591 SW 105th Ter # 512, Miami FL 33196
New
For Sale
$939,900
House
4 bds · 2 ba · 2,475 sqft
HAMMOCKS SHORES, Miami
15374 SW 113th Ter, Miami FL 33196
New
For Sale
$519,900
House
3 bds · 2 ba · 1,489 sqft
FOREST LAKES VILLAS, Miami
9740 SW 164th Ave, Miami FL 33196

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