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MIAMI, FL 33161

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

Market Overview

Active Listings
256
⇧ 9.9% vs 233 last year
Pending
36
14% pending ratio
Median Price
$580,000
⇧ 3.2% vs $562,000 last year
Average Price
$680,694
⇩ 7.3% vs $734,144 last year
Days on Market
79
⇧ 16.2% vs 68 days last year

Market Context

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

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

Market Analysis

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

The MIAMI, FL real estate market (33161) currently shows 256 active listings, with 36 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 79 days on market compared to 68 days last year.

The median listing price has risen 3.2% year-over-year, from $562,000 to $580,000.

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: 256 this year vs 233 last year
  • Days on market: 79 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $580,000 (+3.2% YoY)
  • Average: $680,694 (-7.3% 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 7.4 miles — 6,498 listings ($8,090,796,708 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33161Miami, FL 331610.0 mi256$174,257,664$580,000$680,694
33181Miami, FL 331811.9 mi298$322,790,024$315,000$1,083,188
33138Miami, FL 331382.8 mi276$500,893,908$857,450$1,814,833
33150Miami, FL 331503.2 mi128$91,970,432$589,500$718,519
33141Miami Beach, FL 331413.9 mi724$1,278,325,532$550,000$1,765,643
33160North Miami Beach, FL 331604.0 mi2,003$3,906,446,894$649,950$1,950,298
33147Miami, FL 331474.5 mi158$78,944,542$499,000$499,649
33180Miami, FL 331805.3 mi1,015$738,132,360$515,000$727,224
33056Miami Gardens, FL 330565.5 mi127$67,663,822$522,000$532,786
33013Hialeah, FL 330135.9 mi99$78,503,832$669,150$792,968
33009Hallandale, FL 330096.7 mi1,196$734,096,428$338,000$613,793
33055Opa Locka, FL 330557.0 mi112$59,491,936$549,000$531,178
33014Hialeah, FL 330147.4 mi106$59,279,334$462,450$559,239

Frequently Asked Questions

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

As of January 2026, there are 256 active listings in MIAMI, FL (zip code 33161), compared to 233 the prior year.

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

The median listing price in MIAMI, FL 33161 is $580,000 as of January 2026, a 3.2% increase from $562,000 the prior year.

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

Homes in MIAMI, FL 33161 spend an average of 79 days on the market before going under contract, compared to 68 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 January 2026, MIAMI, FL 33161 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 68 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 $11,600 compared to a typical 5% commission on the median listing price of $580,000. 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.