In August 2026, the median home sale price in Miami (33138), FL was $1,100,000, with homes selling in an average of 100 days — slower than the 85-day average last year, suggesting buyers have more negotiating room. A total of 391 homes sold in this period, up from 350 last year — a sign of an active market.
The median list price of condos/co-ops in Miami (33138), FL, was $368,000 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 $1,545,000 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 $1,800,000 in August 2026, compared to $2,765,325 in August 2025.
Miami (33138), FL Housing Market Analysis
There are currently 298 homes listed for sale in Miami (33138), FL, an increase of 97.35% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $2,336,494 (up 4.92% year-over-year), and the average price per square foot is $541 compared to $533 in 2025. Properties spend an average of 150 days on the market before going under contract.
