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MIAMI, FL 33129

Real Estate Market Report
Buyer's Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33129

Brickell (Manhattan-of-the-South) · Coconut Grove (Coco Grove) · Coral Way · East Coconut Grove (North Coconut Grove) · East Little Havana · Lower Brickell · Northeast Coconut Grove · South Miami (South)

Market Analysis

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

The MIAMI, FL real estate market (33129) currently shows 219 active listings, with 25 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 84 days on market compared to 74 days last year.

The median listing price has risen 68.3% year-over-year, from $812,498 to $1,367,500.

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: 15,184  ·  Density: 4,240.9/mi²  ·  Median household income: $93,343

Typical home value: $524,665  ·  Homeownership: 46.7%

Market Overview

Active Listings
219
⇧ 0.5% vs 218 last year
Pending
25
11% pending ratio
Median Price
$1,367,500
⇧ 68.3% vs $812,498 last year
Average Price
$3,079,058
⇧ 83.6% vs $1,677,226 last year
Days on Market
84
⇧ 13.5% vs 74 days last year

Price Per Square Foot

Median $/sqft
$918
⇧ 42.3% vs $645/sqft last year
Median Home Size
1,460 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 219 this year vs 218 last year
  • Days on market: 84 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $1,367,500 (+68.3% YoY)
  • Average: $3,079,058 (+83.6% 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 7.1 miles — 5,758 listings ($12,915,091,299 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33129Miami, FL 331290.0 mi191$421,911,169$1,150,000$2,208,959
33131Miami, FL 331311.3 mi955$1,624,185,690$810,000$1,700,718
33145Miami, FL 331452.1 mi165$162,067,950$850,000$982,230
33132Miami, FL 331322.4 mi824$1,067,025,616$630,000$1,294,934
33133Miami, FL 331333.1 mi427$1,547,103,411$1,999,000$3,623,193
33125Miami, FL 331253.2 mi144$81,370,944$493,750$565,076
33139Miami Beach, FL 331393.8 mi1,370$3,626,700,990$549,000$2,647,227
33134Miami, FL 331344.4 mi267$482,718,111$1,218,613$1,807,933
33146Miami, FL 331465.0 mi89$244,893,646$1,809,475$2,751,614
33140Miami Beach, FL 331405.8 mi667$2,009,004,667$850,000$3,012,001
33150Miami, FL 331506.9 mi128$92,834,816$558,500$725,272
33143Miami, FL 331437.0 mi240$988,994,400$1,363,500$4,120,810
33138Miami, FL 331387.1 mi291$566,279,889$839,500$1,945,979

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33129?

As of July 2026, there are 219 active listings in MIAMI, FL (zip code 33129), compared to 218 the prior year.

What is the median home price in MIAMI, FL 33129?

The median listing price in MIAMI, FL 33129 is $1,367,500 as of July 2026, a 68.3% increase from $812,498 the prior year.

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

Homes in MIAMI, FL 33129 spend an average of 84 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33129?

Based on current inventory and days-on-market data as of July 2026, MIAMI, FL 33129 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 74 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 33129 save an estimated $27,350 compared to a typical 5% commission on the median listing price of $1,367,500. 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.