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

In August 2026, the median home sale price in Miami (33157), FL was $699,000, with homes selling in an average of 72 days — slower than the 60-day average last year, suggesting buyers have more negotiating room. A total of 626 homes sold in this period, up from 598 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 $725,000 in August 2026, compared to $715,000 in August 2025.

Miami (33157), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33157), FL, was $799,500 in August 2026, compared to $749,000 in August 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 $200,000 in August 2026, compared to $199,900 in August 2025.

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

Median List Price
The median list price of lots/land in Miami (33157), FL, was $635,000 in August 2026, compared to $517,450 in August 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 August 2026, compared to $550,000 in August 2025.

Miami (33157), FL Housing Market Analysis

There are currently 264 homes listed for sale in Miami (33157), FL, an increase of 38.22% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $920,091 (up 1.31% year-over-year), and the average price per square foot is $418 compared to $404 in 2025. Properties spend an average of 110 days on the market before going under contract.
264
for sale
173
for rent
626
sold
Median Price
$725K
Median SQFT Price
$418
SF Range
560 - 4,894 SF
Beds
1 - 6
Avg. Dom
110 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 6.58%
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 (33157), FL

For Sale
$895,000
House
5 bds · 3 ba · 2,276 sqft
FAIRWAY LAKE SOUTH SEC 2, Miami
10830 SW 160th St, Miami FL 33157
New
For Sale
$635,000
Lots/Land
0.35 acres
CARMICHAEL ESTATES, Palmetto Bay
16760 SW 78th Pl, Palmetto Bay FL 33157
New
For Sale
$650,000
House
4 bds · 2 ba · 1,765 sqft
FAIRWAY PARK SEC 5,FAIRWAY PARK, Miami
16111 SW 103rd Ct, Miami FL 33157
New
For Sale
$2,699,000
House
5 bds · 3 ba · 3,614 sqft
SECTION 22 BEL-AIRE, Palmetto Bay
8440 SW 182nd Ter, Palmetto Bay FL 33157
New
For Sale
$589,000
House
3 bds · 2 ba · 1,624 sqft
MAP OF PERRINE, Palmetto Bay
10061 E Hibiscus St, Palmetto Bay FL 33157
New
For Sale
$350,000
Commercial
0 room(s)
Cutler Bay
New
For Sale
$510,000
House
3 bds · 1 ba · 1,078 sqft
FAIRWAY ESTATES SEC 7, Miami
11030 SW 153rd St, Miami FL 33157
New
For Sale
$1,850,000
Townhouse
3 bds · 4 ba · 3,885 sqft
ROYAL HARBOUR YACHT CLUB, Palmetto Bay
5996 Paradise Point Dr, Palmetto Bay FL 33157

Market Trends nearby