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Real Estate Market Trends and Analytics in Miami (33157), FL

In July 2026, the median home sale price in Miami (33157), FL was $699,000, with homes selling in an average of 71 days — slower than the 58-day average last year, suggesting buyers have more negotiating room. A total of 637 homes sold in this period, up from 593 last year — a sign of an active market.
View all properties for sale in Miami (33157), FL

Miami (33157), FL Market Trend

Median List Price
The median list price of Miami (33157), FL, was $749,450 in July 2026, compared to $739,990 in July 2025.

Miami (33157), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33157), FL, was $839,950 in July 2026, compared to $799,900 in July 2025.

Miami (33157), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Miami (33157), FL, was $218,500 in July 2026, compared to $198,950 in July 2025.

Miami (33157), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Miami (33157), FL, was $575,000 in July 2026, compared to $399,950 in July 2025.

Miami (33157), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33157), FL, was $574,500 in July 2026, compared to $1,199,500 in July 2025.

Miami (33157), FL Housing Market Analysis

There are currently 294 homes listed for sale in Miami (33157), FL, an increase of 53.93% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $971,996 (up 5.30% year-over-year), and the average price per square foot is $437 compared to $431 in 2025. Properties spend an average of 108 days on the market before going under contract.
294
for sale
173
for rent
637
sold
Median Price
$749K
Median SQFT Price
$437
SF Range
560 - 6,414 SF
Beds
1 - 6
Avg. Dom
108 days
Year Built
1939 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $433K
Median Monthly Mortgage $2K/mo
Median Rent $1K/mo
Homeownership Rate 65.5%
Cost Burden 24.0%

Foreclosure Risk Score

36/100 MODERATE
30-Year Mortgage Rate 6.49%
Local Unemployment 3.6%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Miami (33157), FL

For Sale
$1,200,000
Multi-family
0 room(s) · 3,255 sqft
MAP OF PERRINE, Miami
10120 W Fern St, Miami FL 33157
For Sale
$975,000
House
3 bds · 2 ba · 1,386 sqft
OLD CUTLER SOUTH SEC 1, Palmetto Bay
7452 SW 166th Ter, Palmetto Bay FL 33157
For Sale
$729,900
House
3 bds · 2 ba · 1,200 sqft
BEL AIRE SEC 3, Cutler Bay
19120 Bel Aire Dr, Cutler Bay FL 33157
For Sale
$610,000
House
3 bds · 2 ba · 1,604 sqft
SOUTHLAND PINES, Miami
16931 SW 109th Ave, Miami FL 33157
For Sale
$559,999
House
3 bds · 2 ba · 1,323 sqft
FAIRWAY ESTATES SEC SIX, Miami
10761 SW 153rd St, Miami FL 33157
New
For Sale
$1,600,000
House
4 bds · 4 ba · 3,768 sqft
CUTLER HEIGHTS ESTATES, Palmetto Bay
8265 SW 176th Ter, Palmetto Bay FL 33157
New
For Sale
$700,000
House
5 bds · 3 ba · 2,161 sqft
PALMETTO COUNTRY CLUB EST, Miami
9710 SW 159th St, Miami FL 33157
New
For Sale
$979,000
House
4 bds · 3 ba · 2,492 sqft
PINEWOOD ESTATES SECOND A, Palmetto Bay
8744 SW 176th Ter, Palmetto Bay FL 33157

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