In July 2026, the median home sale price in Miami (33131), FL was $680,000, with homes selling in an average of 122 days — slower than the 104-day average last year, suggesting buyers have more negotiating room. A total of 579 homes sold in this period, down from 621 last year.
The median list price of condos/co-ops in Miami (33131), FL, was $775,500 in July 2026, compared to $699,500 in July 2025.
Miami (33131), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33131), FL, was $300,000 in July 2026, compared to $0 in July 2025.
Miami (33131), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33131), FL, was $883,200 in July 2026, compared to $1,255,000 in July 2025.
Miami (33131), FL Housing Market Analysis
There are currently 836 homes listed for sale in Miami (33131), FL, an increase of 143.73% 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 $1,503,733 (up 6.59% year-over-year), and the average price per square foot is $741 compared to $687 in 2025. Properties spend an average of 189 days on the market before going under contract.
