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

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.
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 $984,500 in August 2026, compared to $1,100,000 in August 2025.

Miami (33138), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33138), FL, was $1,949,500 in August 2026, compared to $1,499,500 in August 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 $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.
297
for sale
233
for rent
380
sold
Median Price
$984K
Median SQFT Price
$497
SF Range
360 - 15,996 SF
Beds
1 - 7
Avg. Dom
155 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 6.58%
Local Unemployment 3.9%

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

New
For Sale
$1,299,000
House
4 bds · 3 ba · 1,925 sqft
SHORE ACRES AMD PL, Miami
1085 NE 84th St, Miami FL 33138
New
For Sale
$850,000
Multi-family
0 room(s) · 1,584 sqft
NORTH SHORE CREST, Miami
670 NE 87th Street, Miami FL 33138
New
For Sale
$199,500
Condo/Co-op
1 bds · 1 ba · 720 sqft
LE TERRACE CONDO,LE TERRACE, Miami
7516 NE 1 Avenue # 302, Miami FL 33138
New
For Sale
$1,385,000
House
3 bds · 2 ba · 1,738 sqft
EL PORTAL, El Portal
235 NE 90th St, El Portal FL 33138
New
For Sale
$649,000
Condo/Co-op
3 bds · 2 ba · 1,913 sqft
TOWERS OF QUAYSIDE CONDO,TOWERS OF QUAYSIDE, Miami
1000 QUAYSIDE TERRACE # 1901, Miami FL 33138
New
For Sale
$1,995,000
Commercial
0 room(s)
Miami Shores
1385 NE 105th St, Miami Shores FL 33138
New
For Sale
$995,000
House
2 bds · 1 ba · 962 sqft
ACADIA SUB-HistoricBayside,Historic Bayside, Miami
801 NE 70th St, Miami FL 33138
New
For Sale
$830,000
House
2 bds · 1 ba · 1,051 sqft
SHERWOOD FOREST, El Portal
367 NE 86th St, El Portal FL 33138

Market Trends nearby