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Downtown East Little Havana Little Havana Lummus Park (Lummus Park Historic District) Miami Central Business District (Central Business District) Miami River Overtown (Washington Heights) South River Drive (South River Drive Historic District)

MIAMI, FL 33128

Real Estate Market Report  ·  Miami-Dade County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33128

Downtown · East Little Havana · Little Havana · Lummus Park (Lummus Park Historic District) · Miami Central Business District (Central Business District) · Miami River · Overtown (Washington Heights) · South River Drive (South River Drive Historic District)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MIAMI, FL real estate market (33128) currently shows 53 active listings, with 4 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 51 days last year.

The median listing price has risen 67.5% year-over-year, from $280,000 to $469,000.

Whether you are buying or selling in MIAMI, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 8,989  ·  Density: 8,078.8/mi²  ·  Median household income: $33,697

Typical home value: $0  ·  Homeownership: 3.1%

Market Overview

Active Listings
53
⇧ 165% vs 20 last year
Pending
4
8% pending ratio
Median Price
$469,000
⇧ 67.5% vs $280,000 last year
Average Price
$510,806
⇧ 65% vs $309,544 last year
Days on Market
52
⇧ 2% vs 51 days last year

Price Per Square Foot

Median $/sqft
$470
⇧ 27.4% vs $369/sqft last year
Median Home Size
795 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 20 last year
  • Days on market: 52 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $469,000 (+67.5% YoY)
  • Average: $510,806 (+65% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 3,225 listings ($5,456,257,709 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33128Miami, FL 331280.0 mi45$23,587,335$469,000$524,163
33136Miami, FL 331360.7 mi51$39,759,447$360,000$779,597
33129Miami, FL 331291.7 mi191$421,911,169$1,150,000$2,208,959
33135Miami, FL 331352.0 mi89$81,778,896$821,500$918,864
33145Miami, FL 331452.5 mi165$162,067,950$850,000$982,230
33137Miami, FL 331373.1 mi702$1,153,078,524$844,475$1,642,562
33142Miami, FL 331423.8 mi134$71,082,310$504,950$530,465
33133Miami, FL 331334.1 mi427$1,547,103,411$1,999,000$3,623,193
33134Miami, FL 331344.5 mi267$482,718,111$1,218,613$1,807,933
33150Miami, FL 331505.2 mi128$92,834,816$558,500$725,272
33147Miami, FL 331475.6 mi164$82,734,556$498,450$504,479
33126Miami, FL 331266.0 mi142$50,175,984$300,000$353,352
33141Miami Beach, FL 331416.5 mi720$1,247,425,200$549,222$1,732,535

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33128?

As of March 2026, there are 53 active listings in MIAMI, FL (zip code 33128), compared to 20 the prior year.

What is the median home price in MIAMI, FL 33128?

The median listing price in MIAMI, FL 33128 is $469,000 as of March 2026, a 67.5% increase from $280,000 the prior year.

How long do homes stay on the market in MIAMI, FL?

Homes in MIAMI, FL 33128 spend an average of 52 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33128?

Based on current inventory and days-on-market data as of March 2026, MIAMI, FL 33128 is currently a Buyer's Market. Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 51 days last year.

How much can I save on real estate commission in MIAMI, FL?

With SELL123.com's maximum 3% commission, sellers in MIAMI, FL 33128 save an estimated $9,380 compared to a typical 5% commission on the median listing price of $469,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.