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MIAMI, FL 33138

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

Market Overview

Active Listings
276
⇩ 0.7% vs 278 last year
Pending
34
12% pending ratio
Median Price
$857,450
⇧ 0.9% vs $850,000 last year
Average Price
$1,814,833
⇧ 7.1% vs $1,693,758 last year
Days on Market
99
⇧ 28.6% vs 77 days last year

Market Context

Population: 28,609  ·  Density: 2,622.1/mi²  ·  Median household income: $58,990

Typical home value: $603,613  ·  Homeownership: 48.8%

Market Analysis

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

The MIAMI, FL real estate market (33138) currently shows 276 active listings, with 34 pending sales. Homes are averaging 99 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 99 days on market compared to 77 days last year.

The median listing price has risen 0.9% year-over-year, from $850,000 to $857,450.

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: 276 this year vs 278 last year
  • Days on market: 99 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $857,450 (+0.9% YoY)
  • Average: $1,814,833 (+7.1% 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 6.4 miles — 2,842 listings ($4,963,163,720 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33138Miami, FL 331380.0 mi276$500,893,908$857,450$1,814,833
33141Miami Beach, FL 331412.3 mi724$1,278,325,532$550,000$1,765,643
33161Miami, FL 331612.8 mi256$174,257,664$580,000$680,694
33168Miami, FL 331683.3 mi101$62,712,819$595,000$620,919
33154Miami Beach, FL 331543.6 mi540$2,467,002,960$1,689,900$4,568,524
33147Miami, FL 331473.7 mi158$78,944,542$499,000$499,649
33136Miami, FL 331364.9 mi50$35,710,450$357,000$714,209
33162Miami, FL 331625.2 mi258$111,477,414$326,999$432,083
33128Miami, FL 331285.6 mi28$14,293,468$399,000$510,481
33142Miami, FL 331425.8 mi131$68,493,088$499,250$522,848
33125Miami, FL 331256.1 mi145$81,749,550$499,500$563,790
33054Opa Locka, FL 330546.2 mi119$57,114,645$489,500$479,955
33010Hialeah, FL 330106.4 mi56$32,187,680$575,000$574,780

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33138?

As of January 2026, there are 276 active listings in MIAMI, FL (zip code 33138), compared to 278 the prior year.

What is the median home price in MIAMI, FL 33138?

The median listing price in MIAMI, FL 33138 is $857,450 as of January 2026, a 0.9% increase from $850,000 the prior year.

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

Homes in MIAMI, FL 33138 spend an average of 99 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33138?

Based on current inventory and days-on-market data as of January 2026, MIAMI, FL 33138 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 99 days on market compared to 77 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 33138 save an estimated $17,149 compared to a typical 5% commission on the median listing price of $857,450. 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.