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MIAMI, FL 33131

Real Estate Market Report  ·  Miami-Dade County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
937
⇩ 0.2% vs 939 last year
Pending
60
6% pending ratio
Median Price
$850,000
⇧ 6.3% vs $800,000 last year
Average Price
$1,728,077
⇩ 3% vs $1,782,071 last year
Days on Market
110
⇧ 31% vs 84 days last year

Market Context

Population: 22,540  ·  Density: 17,365.6/mi²  ·  Median household income: $121,730

Typical home value: $599,257  ·  Homeownership: 32.9%

Market Analysis

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

The MIAMI, FL real estate market (33131) currently shows 937 active listings, with 60 pending sales. Homes are averaging 110 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 110 days on market compared to 84 days last year.

The median listing price has risen 6.3% year-over-year, from $800,000 to $850,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 937 this year vs 939 last year
  • Days on market: 110 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $850,000 (+6.3% YoY)
  • Average: $1,728,077 (-3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.6 miles — 5,023 listings ($10,246,174,463 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33131Miami, FL 331310.0 mi937$1,619,208,149$850,000$1,728,077
33130Miami, FL 331301.2 mi553$558,858,482$650,000$1,010,594
33128Miami, FL 331281.5 mi28$14,293,468$399,000$510,481
33139Miami Beach, FL 331392.6 mi1,368$3,447,187,632$529,500$2,519,874
33149Key Biscayne, FL 331493.1 mi185$903,210,515$2,175,000$4,882,219
33145Miami, FL 331453.2 mi162$163,434,834$856,350$1,008,857
33137Miami, FL 331373.6 mi684$1,119,251,088$850,000$1,636,332
33133Miami, FL 331334.4 mi411$1,521,364,587$1,999,000$3,701,617
33142Miami, FL 331425.3 mi131$68,493,088$499,250$522,848
33138Miami, FL 331386.2 mi276$500,893,908$857,450$1,814,833
33146Miami, FL 331466.3 mi74$218,846,490$1,995,000$2,957,385
33147Miami, FL 331476.9 mi158$78,944,542$499,000$499,649
33010Hialeah, FL 330107.6 mi56$32,187,680$575,000$574,780

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33131?

As of January 2026, there are 937 active listings in MIAMI, FL (zip code 33131), compared to 939 the prior year.

What is the median home price in MIAMI, FL 33131?

The median listing price in MIAMI, FL 33131 is $850,000 as of January 2026, a 6.3% increase from $800,000 the prior year.

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

Homes in MIAMI, FL 33131 spend an average of 110 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33131?

Based on current inventory and days-on-market data as of January 2026, MIAMI, FL 33131 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 110 days on market compared to 84 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 33131 save an estimated $17,000 compared to a typical 5% commission on the median listing price of $850,000. 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.