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Real Estate Market Trends and Analytics in Miami (33138), FL

In September 2026, the median home sale price in Miami (33138), FL was $1,100,000, with homes selling in an average of 96 days — slower than the 85-day average last year, suggesting buyers have more negotiating room. A total of 387 homes sold in this period, up from 364 last year — a sign of an active market.
View all properties for sale in Miami (33138), FL

Miami (33138), FL Market Trend

Median List Price
The median list price of Miami (33138), FL, was $895,000 in September 2026, compared to $1,047,500 in September 2025.

Miami (33138), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33138), FL, was $2,150,000 in September 2026, compared to $1,499,500 in September 2025.

Miami (33138), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Miami (33138), FL, was $349,000 in September 2026, compared to $338,000 in September 2025.

Miami (33138), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Miami (33138), FL, was $2,072,000 in September 2026, compared to $1,099,500 in September 2025.

Miami (33138), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33138), FL, was $1,024,500 in September 2026, compared to $1,648,500 in September 2025.

Miami (33138), FL Housing Market Analysis

There are currently 281 homes listed for sale in Miami (33138), FL, an increase of 82.47% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $2,198,312 (up 13.90% year-over-year), and the average price per square foot is $483 compared to $529 in 2025. Properties spend an average of 150 days on the market before going under contract.
281
for sale
256
for rent
387
sold
Median Price
$895K
Median SQFT Price
$483
SF Range
360 - 15,996 SF
Beds
1 - 7
Avg. Dom
150 days
Year Built
1920 - 2027
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $604K
Median Monthly Mortgage $3K/mo
Median Rent $1K/mo
Homeownership Rate 48.8%
Cost Burden 27.8%

Foreclosure Risk Score

39/100 MODERATE
30-Year Mortgage Rate 6.71%
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 (33138), FL

For Sale
$375,000
Townhouse
3 bds · 2 ba · 952 sqft
SHORES VILLAS CONDO BLDG, Miami Shores
8823 NE 4th Ave Rd # 8823, Miami Shores FL 33138
+$25K
For Sale
$2,175,000
House
2 bds · 3 ba · 1,777 sqft
MIAMI SHORES SEC 3, Miami Shores
795 NE 94th St, Miami Shores FL 33138
New
For Sale
$7,000,000
House
5 bds · 3 ba · 4,119 sqft
BELLE MEADE ISLAND, Miami
1025 Belle Meade Island Dr, Miami FL 33138
New
For Sale
$318,000
Condo/Co-op
2 bds · 1 ba · 789 sqft
SHORES PLAZA WEST CONDO, Miami Shores
689 NE 92nd St # 11G, Miami Shores FL 33138
New
For Sale
$1,250,000
House
2 bds · 2 ba · 1,365 sqft
EL PORTAL SEC 5, El Portal
151 NE 88th St, El Portal FL 33138
New
For Sale
$3,395,000
Commercial
0 room(s)
Miami
101 NE 79th St, Miami FL 33138
New
For Sale
$2,665,000
House
4 bds · 3 ba · 3,611 sqft
GORDON SHORES, Miami Shores
1266 NE 101st St, Miami Shores FL 33138
New
For Sale
$499,000
Condo/Co-op
2 bds · 2 ba · 1,042 sqft
PALM BAY CONDOMINIUM, Miami
770 NE 69th St # 5D, Miami FL 33138

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