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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)

MIAMI, FL 33129

Real Estate Market Report
Balanced Market
September 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 September 2026. Source: Realtor.com.

The MIAMI, FL real estate market (33129) currently shows 244 active listings, with 25 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.

Homes are selling faster, averaging 87 days on market compared to 102 days last year.

The median listing price has risen 39.4% year-over-year, from $859,500 to $1,198,500.

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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
244
⇧ 20.2% vs 203 last year
Pending
25
10% pending ratio
Median Price
$1,198,500
⇧ 39.4% vs $859,500 last year
Average Price
$3,014,586
⇧ 69.8% vs $1,775,075 last year
Days on Market
87
⇩ 14.7% vs 102 days last year

Price Per Square Foot

Median $/sqft
$859
⇧ 28% vs $671/sqft last year
Median Home Size
1,413 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 244 this year vs 203 last year
  • Days on market: 87 now vs 102 last year

Median & Average Pricing

Year over Year
  • Median: $1,198,500 (+39.4% YoY)
  • Average: $3,014,586 (+69.8% 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 September 2026, there are 244 active listings in MIAMI, FL (zip code 33129), compared to 203 the prior year.

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

The median listing price in MIAMI, FL 33129 is $1,198,500 as of September 2026, a 39.4% increase from $859,500 the prior year.

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

Homes in MIAMI, FL 33129 spend an average of 87 days on the market before going under contract, compared to 102 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 September 2026, MIAMI, FL 33129 is currently a Balanced Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are selling faster, averaging 87 days on market compared to 102 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 $23,970 compared to a typical 5% commission on the median listing price of $1,198,500. 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.