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Palmetto Bay

MIAMI, FL 33158

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

Market Overview

Active Listings
42
⇧ 13.5% vs 37 last year
Pending
6
14% pending ratio
Median Price
$1,990,000
⇧ 9.2% vs $1,821,750 last year
Average Price
$2,670,658
⇩ 4.6% vs $2,800,725 last year
Days on Market
116
⇧ 152.2% vs 46 days last year

Market Context

Population: 6,536  ·  Density: 906.1/mi²  ·  Median household income: $177,917

Typical home value: $882,492  ·  Homeownership: 95.0%

Market Analysis

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

The MIAMI, FL real estate market (33158) currently shows 42 active listings, with 6 pending sales. Homes are averaging 116 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 116 days on market compared to 46 days last year.

The median listing price has risen 9.2% year-over-year, from $1,821,750 to $1,990,000.

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: 42 this year vs 37 last year
  • Days on market: 116 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $1,990,000 (+9.2% YoY)
  • Average: $2,670,658 (-4.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.5 miles — 2,469 listings ($4,423,068,215 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33158Miami, FL 331580.0 mi42$112,167,636$1,990,000$2,670,658
33157Miami, FL 331573.0 mi313$297,378,170$742,500$950,090
33143Miami, FL 331434.6 mi226$954,829,886$1,585,000$4,224,911
33173Miami, FL 331735.4 mi146$137,256,206$517,500$940,111
33146Miami, FL 331466.2 mi74$218,846,490$1,995,000$2,957,385
33177Miami, FL 331776.6 mi210$158,198,460$645,000$753,326
33165Miami, FL 331657.4 mi127$117,125,623$799,000$922,249
33133Miami, FL 331337.6 mi411$1,521,364,587$1,999,000$3,701,617
33144Miami, FL 331448.7 mi57$39,808,002$692,500$698,386
33032Homestead, FL 330329.1 mi427$217,703,815$474,994$509,845
33145Miami, FL 331459.3 mi162$163,434,834$856,350$1,008,857
33135Miami, FL 3313510.1 mi83$76,189,103$829,500$917,941
33129Miami, FL 3312910.5 mi191$408,765,403$1,224,500$2,140,133

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33158?

As of January 2026, there are 42 active listings in MIAMI, FL (zip code 33158), compared to 37 the prior year.

What is the median home price in MIAMI, FL 33158?

The median listing price in MIAMI, FL 33158 is $1,990,000 as of January 2026, a 9.2% increase from $1,821,750 the prior year.

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

Homes in MIAMI, FL 33158 spend an average of 116 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33158?

Based on current inventory and days-on-market data as of January 2026, MIAMI, FL 33158 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 116 days on market compared to 46 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 33158 save an estimated $39,800 compared to a typical 5% commission on the median listing price of $1,990,000. 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.