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Downtown North Miami (NoMi)

MIAMI, FL 33161

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

Neighborhoods in ZIP 33161

Downtown North Miami (NoMi)

Market Analysis

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

The MIAMI, FL real estate market (33161) currently shows 267 active listings, with 41 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 75 days on market compared to 57 days last year.

The median listing price has risen 3.3% year-over-year, from $525,000 to $542,500.

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: 52,824  ·  Density: 3,719.9/mi²  ·  Median household income: $49,159

Typical home value: $340,710  ·  Homeownership: 40.8%

Market Overview

Active Listings
267
⇩ 2.9% vs 275 last year
Pending
41
15% pending ratio
Median Price
$542,500
⇧ 3.3% vs $525,000 last year
Average Price
$689,754
⇩ 4.4% vs $721,553 last year
Days on Market
75
⇧ 31.6% vs 57 days last year

Price Per Square Foot

Median $/sqft
$379
⇧ 0.3% vs $378/sqft last year
Median Home Size
1,260 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 267 this year vs 275 last year
  • Days on market: 75 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $542,500 (+3.3% YoY)
  • Average: $689,754 (-4.4% 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 7.4 miles — 6,584 listings ($8,118,135,264 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33161Miami, FL 331610.0 mi260$167,174,800$546,175$642,980
33181Miami, FL 331811.9 mi307$348,255,274$337,500$1,134,382
33138Miami, FL 331382.8 mi291$566,279,889$839,500$1,945,979
33150Miami, FL 331503.2 mi128$92,834,816$558,500$725,272
33141Miami Beach, FL 331413.9 mi720$1,247,425,200$549,222$1,732,535
33160North Miami Beach, FL 331604.0 mi2,006$3,858,412,616$637,250$1,923,436
33147Miami, FL 331474.5 mi164$82,734,556$498,450$504,479
33180Miami, FL 331805.3 mi1,032$767,078,376$527,125$743,293
33056Miami Gardens, FL 330565.5 mi117$63,796,590$522,000$545,270
33013Hialeah, FL 330135.9 mi104$86,478,288$684,500$831,522
33009Hallandale, FL 330096.7 mi1,228$713,929,728$329,950$581,376
33055Opa Locka, FL 330557.0 mi116$61,688,684$549,000$531,799
33014Hialeah, FL 330147.4 mi111$62,046,447$417,250$558,977

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33161?

As of March 2026, there are 267 active listings in MIAMI, FL (zip code 33161), compared to 275 the prior year.

What is the median home price in MIAMI, FL 33161?

The median listing price in MIAMI, FL 33161 is $542,500 as of March 2026, a 3.3% increase from $525,000 the prior year.

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

Homes in MIAMI, FL 33161 spend an average of 75 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33161?

Based on current inventory and days-on-market data as of March 2026, MIAMI, FL 33161 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 75 days on market compared to 57 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 33161 save an estimated $10,850 compared to a typical 5% commission on the median listing price of $542,500. 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.