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Allen Park Cakegrove City Center Pickwick Sunray East Sunray West Uleta Washington Park Windward

MIAMI, FL 33162

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33162

Allen Park · Cakegrove · City Center · Pickwick · Sunray East · Sunray West · Uleta · Washington Park · Windward

Market Analysis

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

The MIAMI, FL real estate market (33162) currently shows 256 active listings, with 44 pending sales. Homes are averaging 94 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 94 days on market compared to 70 days last year.

The median listing price has fallen 46.4% year-over-year, from $442,700 to $237,500.

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: 48,326  ·  Density: 3,515.7/mi²  ·  Median household income: $54,884

Typical home value: $309,593  ·  Homeownership: 51.0%

Market Overview

Active Listings
256
⇩ 2.7% vs 263 last year
Pending
44
17% pending ratio
Median Price
$237,500
⇩ 46.4% vs $442,700 last year
Average Price
$405,975
⇩ 12.7% vs $464,920 last year
Days on Market
94
⇧ 34.3% vs 70 days last year

Price Per Square Foot

Median $/sqft
$252
⇩ 19.5% vs $313/sqft last year
Median Home Size
1,039 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 256 this year vs 263 last year
  • Days on market: 94 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $237,500 (-46.4% YoY)
  • Average: $405,975 (-12.7% 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 7.8 miles — 6,856 listings ($10,854,660,428 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33162Miami, FL 331620.0 mi255$103,414,995$234,250$405,549
33161Miami, FL 331612.4 mi260$167,174,800$546,175$642,980
33160North Miami Beach, FL 331602.7 mi2,006$3,858,412,616$637,250$1,923,436
33168Miami, FL 331683.1 mi117$72,270,081$581,250$617,693
33154Miami Beach, FL 331544.1 mi532$2,356,974,928$1,693,500$4,430,404
33056Miami Gardens, FL 330564.4 mi117$63,796,590$522,000$545,270
33167Miami, FL 331674.7 mi127$71,459,979$539,475$562,677
33138Miami, FL 331385.2 mi291$566,279,889$839,500$1,945,979
33141Miami Beach, FL 331415.8 mi720$1,247,425,200$549,222$1,732,535
33020Hollywood, FL 330206.5 mi454$205,241,596$427,475$452,074
33021Hollywood, FL 330216.5 mi471$223,844,634$350,000$475,254
33019Hollywood, FL 330197.4 mi804$765,286,596$597,000$951,849
33137Miami, FL 331377.8 mi702$1,153,078,524$844,475$1,642,562

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33162?

As of March 2026, there are 256 active listings in MIAMI, FL (zip code 33162), compared to 263 the prior year.

What is the median home price in MIAMI, FL 33162?

The median listing price in MIAMI, FL 33162 is $237,500 as of March 2026, a 46.4% decrease from $442,700 the prior year.

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

Homes in MIAMI, FL 33162 spend an average of 94 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33162?

Based on current inventory and days-on-market data as of March 2026, MIAMI, FL 33162 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 94 days on market compared to 70 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 33162 save an estimated $4,750 compared to a typical 5% commission on the median listing price of $237,500. 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.