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Real Estate Market Trends and Analytics in Miami (33131), FL

In October 2026, the median home sale price in Miami (33131), FL was $720,000, with homes selling in an average of 126 days — . A total of 33 homes sold in this period.
View all properties for sale in Miami (33131), FL

Miami (33131), FL Market Trend

Median List Price
The median list price of Miami (33131), FL, was $725,000 in October 2026, compared to $722,500 in October 2025.

Miami (33131), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33131), FL, was $0 in October 2026, compared to $0 in October 2025.

Miami (33131), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Miami (33131), FL, was $725,000 in October 2026, compared to $692,000 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 $0 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 $875,000 in October 2026, compared to $1,167,500 in October 2025.

Miami (33131), FL Housing Market Analysis

There are currently 413 homes listed for sale in Miami (33131), FL, an increase of 797.83% 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 $1,381,088 (up 21.25% year-over-year), and the average price per square foot is $718 compared to $729 in 2025. Properties spend an average of 156 days on the market before going under contract.
413
for sale
427
for rent
33
sold
Median Price
$725K
Median SQFT Price
$718
SF Range
370 - 9,681 SF
Beds
1 - 6
Avg. Dom
156 days
Year Built
1951 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $599K
Median Monthly Mortgage $3K/mo
Median Rent $3K/mo
Homeownership Rate 32.9%
Cost Burden 20.9%

Foreclosure Risk Score

59/100 ELEVATED
30-Year Mortgage Rate 7.32%
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 (33131), FL

For Sale
$1,425,000
Condo/Co-op
2 bds · 2 ba · 1,529 sqft
JADE RESIDENCES AT BRICKE, Miami
1331 Brickell Bay Dr # 2602, Miami FL 33131
-$180K
For Sale
$465,000
Condo/Co-op
1 bds · 1 ba · 981 sqft
BRICKELL ON THE RIVER S T, Miami
41 SE 5th St # 2011, Miami FL 33131
For Sale
$479,000
Condo/Co-op
1 bds · 1 ba · 825 sqft
THE CLUB AT BRICKELL BAY, Miami
1200 Brickell Bay Dr # 4106, Miami FL 33131
For Sale
$599,000
Condo/Co-op
1 bds · 1 ba · 816 sqft
ICONBRICKELL CONDO NO 1, Miami
475 Brickell Ave # 2011, Miami FL 33131
For Sale
$575,000
Condo/Co-op
1 bds · 1 ba · 816 sqft
ICONBRICKELL CONDO NO 1, Miami
475 Brickell Ave # 4511, Miami FL 33131
For Sale
$485,000
Condo/Co-op
1 bds · 1 ba · 806 sqft
500 BRICKELL EAST CONDO, Miami
500 Brickell Ave # 600, Miami FL 33131
For Sale
$510,000
Condo/Co-op
1 bds · 1 ba · 704 sqft
THE PLAZA 851 BRICKELL CO, Miami
950 Brickell Bay Dr # 701, Miami FL 33131
New
For Sale
$615,000
Condo/Co-op
2 bds · 1 ba · 1,072 sqft
THE CLUB AT BRICKELL BAY, Miami
1200 Brickell Bay Dr # 1406, Miami FL 33131

Market Trends nearby