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MIAMI, FL 33189

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

Market Analysis

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

The MIAMI, FL real estate market (33189) currently shows 121 active listings, with 31 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 60 days last year.

The median listing price has risen 0.3% year-over-year, from $592,034 to $594,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
121
⇧ 4.3% vs 116 last year
Pending
31
26% pending ratio
Median Price
$594,000
⇧ 0.3% vs $592,034 last year
Average Price
$534,088
⇩ 6.6% vs $571,862 last year
Days on Market
65
⇧ 8.3% vs 60 days last year

Price Per Square Foot

Median $/sqft
$338
⇩ 1.2% vs $342/sqft last year
Median Home Size
1,373 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 121 this year vs 116 last year
  • Days on market: 65 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $594,000 (+0.3% YoY)
  • Average: $534,088 (-6.6% 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 13.1 miles — 3,137 listings ($4,307,702,997 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33189Miami, FL 331890.0 mi124$67,226,600$574,750$542,150
33157Miami, FL 331572.3 mi345$330,121,185$726,250$956,873
33032Homestead, FL 330324.5 mi458$240,669,382$475,248$525,479
33176Miami, FL 331766.0 mi213$240,193,710$605,750$1,127,670
33170Miami, FL 331707.2 mi141$124,791,627$667,495$885,047
33033Homestead, FL 330337.7 mi557$251,691,590$450,000$451,870
33143Miami, FL 331439.3 mi240$988,994,400$1,363,500$4,120,810
33031Homestead, FL 3303110.7 mi73$99,040,195$1,219,500$1,356,715
33165Miami, FL 3316511.2 mi132$118,389,744$797,000$896,892
33155Miami, FL 3315511.4 mi174$177,127,650$843,250$1,017,975
33193Miami, FL 3319311.9 mi175$85,492,575$367,500$488,529
33133Miami, FL 3313312.4 mi427$1,547,103,411$1,999,000$3,623,193
33174Miami, FL 3317413.1 mi78$36,860,928$421,250$472,576

Frequently Asked Questions

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

As of June 2026, there are 121 active listings in MIAMI, FL (zip code 33189), compared to 116 the prior year.

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

The median listing price in MIAMI, FL 33189 is $594,000 as of June 2026, a 0.3% increase from $592,034 the prior year.

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

Homes in MIAMI, FL 33189 spend an average of 65 days on the market before going under contract, compared to 60 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 June 2026, MIAMI, FL 33189 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 60 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 $11,880 compared to a typical 5% commission on the median listing price of $594,000. 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.