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Biscayne Gardens Mitchell Lake Estates

MIAMI, FL 33168

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

Neighborhoods in ZIP 33168

Biscayne Gardens · Mitchell Lake Estates

Market Analysis

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

The MIAMI, FL real estate market (33168) currently shows 114 active listings, with 30 pending sales. Homes are averaging 60 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 60 days on market compared to 41 days last year.

The median listing price has fallen 3% year-over-year, from $590,000 to $572,500.

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: 23,458  ·  Density: 2,518.3/mi²  ·  Median household income: $55,866

Typical home value: $296,246  ·  Homeownership: 75.4%

Market Overview

Active Listings
114
⇧ 25.3% vs 91 last year
Pending
30
26% pending ratio
Median Price
$572,500
⇩ 3% vs $590,000 last year
Average Price
$614,928
⇩ 8.1% vs $669,130 last year
Days on Market
60
⇧ 46.3% vs 41 days last year

Price Per Square Foot

Median $/sqft
$414
⇩ 1.4% vs $420/sqft last year
Median Home Size
1,368 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 114 this year vs 91 last year
  • Days on market: 60 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $572,500 (-3% YoY)
  • Average: $614,928 (-8.1% 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
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 6.6 miles — 4,475 listings ($6,790,137,385 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33168Miami, FL 331680.0 mi117$72,270,081$581,250$617,693
33167Miami, FL 331671.8 mi127$71,459,979$539,475$562,677
33162Miami, FL 331623.1 mi255$103,414,995$234,250$405,549
33138Miami, FL 331383.3 mi291$566,279,889$839,500$1,945,979
33169Miami, FL 331693.5 mi240$96,484,320$416,675$402,018
33013Hialeah, FL 330134.4 mi104$86,478,288$684,500$831,522
33154Miami Beach, FL 331544.7 mi532$2,356,974,928$1,693,500$4,430,404
33141Miami Beach, FL 331415.1 mi720$1,247,425,200$549,222$1,732,535
33127Miami, FL 331275.5 mi158$163,375,634$855,000$1,034,023
33137Miami, FL 331375.7 mi702$1,153,078,524$844,475$1,642,562
33010Hialeah, FL 330106.0 mi63$34,734,861$599,250$551,347
33180Miami, FL 331806.3 mi1,032$767,078,376$527,125$743,293
33142Miami, FL 331426.6 mi134$71,082,310$504,950$530,465

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33168?

As of March 2026, there are 114 active listings in MIAMI, FL (zip code 33168), compared to 91 the prior year.

What is the median home price in MIAMI, FL 33168?

The median listing price in MIAMI, FL 33168 is $572,500 as of March 2026, a 3% decrease from $590,000 the prior year.

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

Homes in MIAMI, FL 33168 spend an average of 60 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33168?

Based on current inventory and days-on-market data as of March 2026, MIAMI, FL 33168 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 60 days on market compared to 41 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 33168 save an estimated $11,450 compared to a typical 5% commission on the median listing price of $572,500. 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.