In August 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 380 homes sold in this period, up from 363 last year — a sign of an active market.
The median list price of condos/co-ops in Miami (33138), FL, was $366,500 in August 2026, compared to $330,000 in August 2025.
Miami (33138), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33138), FL, was $1,612,500 in August 2026, compared to $799,500 in August 2025.
Miami (33138), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33138), FL, was $1,647,500 in August 2026, compared to $2,765,325 in August 2025.
Miami (33138), FL Housing Market Analysis
There are currently 297 homes listed for sale in Miami (33138), FL, an increase of 99.33% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $2,286,965 (up 3.47% year-over-year), and the average price per square foot is $497 compared to $531 in 2025. Properties spend an average of 155 days on the market before going under contract.