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MIAMI, FL 33189

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

Market Overview

Active Listings
116
⇧ 22.1% vs 95 last year
Pending
21
18% pending ratio
Median Price
$575,000
⇩ 7.1% vs $618,725 last year
Average Price
$538,838
⇩ 7.4% vs $582,170 last year
Days on Market
72
⇧ 2.9% vs 70 days last year

Market Context

Population: 24,575  ·  Density: 1,864.6/mi²  ·  Median household income: $63,250

Typical home value: $357,582  ·  Homeownership: 59.0%

Market Analysis

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

The MIAMI, FL real estate market (33189) currently shows 116 active listings, with 21 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 72 days on market compared to 70 days last year.

The median listing price has fallen 7.1% year-over-year, from $618,725 to $575,000.

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: 116 this year vs 95 last year
  • Days on market: 72 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $575,000 (-7.1% YoY)
  • Average: $538,838 (-7.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.1 miles — 2,942 listings ($4,097,389,247 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33189Miami, FL 331890.0 mi116$62,505,208$575,000$538,838
33157Miami, FL 331572.3 mi313$297,378,170$742,500$950,090
33032Homestead, FL 330324.5 mi427$217,703,815$474,994$509,845
33176Miami, FL 331766.0 mi207$205,886,133$562,500$994,619
33170Miami, FL 331707.2 mi140$118,793,080$664,990$848,522
33033Homestead, FL 330337.7 mi514$232,406,642$450,000$452,153
33143Miami, FL 331439.3 mi226$954,829,886$1,585,000$4,224,911
33031Homestead, FL 3303110.7 mi72$96,586,128$1,249,000$1,341,474
33165Miami, FL 3316511.2 mi127$117,125,623$799,000$922,249
33155Miami, FL 3315511.4 mi161$162,212,008$829,000$1,007,528
33193Miami, FL 3319311.9 mi151$75,981,539$380,000$503,189
33133Miami, FL 3313312.4 mi411$1,521,364,587$1,999,000$3,701,617
33174Miami, FL 3317413.1 mi77$34,616,428$393,750$449,564

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33189?

As of January 2026, there are 116 active listings in MIAMI, FL (zip code 33189), compared to 95 the prior year.

What is the median home price in MIAMI, FL 33189?

The median listing price in MIAMI, FL 33189 is $575,000 as of January 2026, a 7.1% decrease from $618,725 the prior year.

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

Homes in MIAMI, FL 33189 spend an average of 72 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 33189?

Based on current inventory and days-on-market data as of January 2026, MIAMI, FL 33189 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 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 33189 save an estimated $11,500 compared to a typical 5% commission on the median listing price of $575,000. 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.