In October 2026, the median home sale price in Miami (33131), FL was $667,000, with homes selling in an average of 121 days — slower than the 109-day average last year, suggesting buyers have more negotiating room. A total of 566 homes sold in this period, down from 614 last year.
The median list price of condos/co-ops in Miami (33131), FL, was $728,500 in October 2026, compared to $699,000 in October 2025.
Miami (33131), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33131), FL, was $295,000 in October 2026, compared to $0 in October 2025.
Miami (33131), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33131), FL, was $835,000 in October 2026, compared to $1,341,500 in October 2025.
Miami (33131), FL Housing Market Analysis
There are currently 844 homes listed for sale in Miami (33131), FL, an increase of 145.35% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $1,397,233 (up 21.50% year-over-year), and the average price per square foot is $732 compared to $706 in 2025. Properties spend an average of 200 days on the market before going under contract.
